URA Global X Uranium ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Uranium & Nuclear Components Total Return Index... Show more
URA's RSI Indicator recovers from oversold territory
The RSI Oscillator for URA moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 18 similar instances when the indicator left oversold territory. In of the 18 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on URA as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for URA just turned positive on April 14, 2025. Looking at past instances where URA's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where URA advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .
URA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where URA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for URA entered a downward trend on April 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category NaturalResources
URA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, URA has been closely correlated with URNM. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if URA jumps, then URNM could also see price increases.
| Ticker / NAME | Correlation To URA | 1D Price Change % | ||
|---|---|---|---|---|
| URA | 100% | +4.41% | ||
| URNM - URA | 96% Closely correlated | +6.84% | ||
| URNJ - URA | 93% Closely correlated | +8.52% | ||
| SETM - URA | 76% Closely correlated | +1.99% | ||
| XME - URA | 69% Closely correlated | +2.44% | ||
| COPJ - URA | 67% Closely correlated | +3.24% | ||
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