Ur Energy Stock Technical Analysis

URE Stock  CAD 1.77  0.01  0.56%   
As of the 13th of December 2024, Ur Energy owns the Risk Adjusted Performance of 0.0684, downside deviation of 2.23, and Mean Deviation of 2.0. In relation to fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of Ur Energy, as well as the relationship between them.

Ur Energy Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as URE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to URE
  
Ur Energy's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Ur Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ur Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ur Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Ur Energy Technical Analysis

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The output start index for this execution was fourty-two with a total number of output elements of nineteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ur Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ur Energy Trend Analysis

Use this graph to draw trend lines for Ur Energy. You can use it to identify possible trend reversals for Ur Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ur Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Ur Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ur Energy applied against its price change over selected period. The best fit line has a slop of    , which means Ur Energy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.48, which is the sum of squared deviations for the predicted Ur Energy price change compared to its average price change.

About Ur Energy Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ur Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ur Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ur Energy price pattern first instead of the macroeconomic environment surrounding Ur Energy. By analyzing Ur Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ur Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ur Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Days Sales Outstanding1.591.831.74
PTB Ratio4.065.355.62

Ur Energy December 13, 2024 Technical Indicators

Most technical analysis of URE help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for URE from various momentum indicators to cycle indicators. When you analyze URE charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Ur Energy December 13, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as URE stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Ur Energy is a strong investment it is important to analyze Ur Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ur Energy's future performance. For an informed investment choice regarding URE Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ur Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in URE Stock, please use our How to Invest in Ur Energy guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Please note, there is a significant difference between Ur Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ur Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ur Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.