URNM Stock Sprott Uranium Miners ETF (URNM, $41.36) entered Uptrend as Momentum indicator ascends above 0 level on Jan 29, 2025

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URNM - Sprott Uranium Miners ETF

Momentum signal

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Odds of UP Trend

Price: $41.36

Daily change: +$1.23 (+3.07%)

Daily volume: 309.6K

Net Assets: $1.4B

Momentum Indicator for URNM turns positive, indicating new upward trend

URNM saw its Momentum Indicator move above the 0 level on January 29, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 79 similar instances where the indicator turned positive. In of the 79 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where URNM advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for URNM turned negative on January 29, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

URNM moved below its 50-day moving average on January 27, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where URNM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

URNM broke above its upper Bollinger Band on January 22, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for URNM entered a downward trend on January 10, 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.