URNM Stock Sprott Uranium Miners ETF (URNM, $32.41) Aroon Indicator entered a Downtrend on March 10, 2025.
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Momentum Indicator for URNM turns negative, indicating new downward trend
URNM saw its Momentum Indicator move below the 0 level on February 11, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 79 similar instances where the indicator turned negative. In of the 79 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
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 .
The Aroon Indicator for URNM entered a downward trend on March 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.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for URNM's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable 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 337 cases, the price rose further within the following month. The odds of a continued upward trend are .
URNM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
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