Energy Fuels, confirmation week
Energy Fuels edges up 0.3% and confirms the buy signal on the bounce off the 20-day average
Our view last week
Energy Fuels closes the week with another gain, up 6.8%, the second straight jump after last week's 23.6% surge: the rebound that had already eaten into the old sell signal now flips it, and a fresh buy signal fires on our model. Signal strength is high, 84 out of 100, in a high-conviction but volatile profile. Energy Fuels stock still has wide room to run before hitting any historical resistance.
This week's summary
Energy Fuels bounced firmly off its own 20-day daily moving average, in the 14 area: an 11% rebound that gives the week technical muscle. On the weekly chart the stock closed nearly flat, up 0.3%, but last week it gained 6.8% after a 23.6% surge: the new buy signal that fired then is holding, and the first confirmation week closes higher. Signal strength stays high, in a high-conviction but volatile profile.
IQS Phase
47
ordinary
Signal Strength
86
high · wide & volatile
Sizing
FULL
Ranking
#24 / 167
US stocks in progress
Trade P&L %
+0.26%
from signal to date, no stop loss
Rank position
ranks 24th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 86 out of 100.
Sector context
SectorMaterials
Benchmark ETFXLB
Sector regimein strong phase
Performanceweekly +1.90% · monthly +5.35%
UUUU belongs to the materials sector (reference ETF XLB). The sector is classified in strong phase according to our weekly reading.
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