Index Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
World Uranium Index (USD) (CME:URAXPD)
Sidelines Mode (-55) - URAXPD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid URAXPD?
MarketClub looks at technical strength and momentum to determine if the timing is right for URAXPD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for URAXPD
The long-term trend has been DOWN since May 9th, 2022 at 488.83
The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 579.74
The short-term trend has been UP since May 17th, 2022 at 479.31
Smart Scan Analysis for URAXPD
Based on our trend formula, URAXPD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||282.01||52wk High Date||2018-06-07|
|52wk Low||229.32||52wk Low Date||2018-10-26|