Sprott Uranium Miners ETF (URNM, $32.61) Aroon Indicator entered a Downtrend on April 02, 2025.

@NaturalResources, #TechnicalAnalysis, #AROON, #Bearish, #ETFs
URNM - Sprott Uranium Miners ETF
Aroon signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $32.61
Daily change: +$0.1 (+0.31%)
Daily volume: 289K
Net Assets: $1.2B

For the last three days, A.I.dvisor has detected that URNM's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for URNM, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 168 similar cases, 145 of which were successful. Based on this data, the odds of success are 86%.