Sell signal, week 9
Energy Fuels slips 1.7% as sellers control 98% of volume
Sell signal, week 9
Our view last week
Energy Fuels' Sell signal has been under management for nine weeks, with the short above 36% in profit. After a week of calm, the decline came back hard: a 15.4% drop, sellers dominating nearly 90% of volume, and a fresh double bottom in the 12 area. Last week's bounce looked like a slowdown; now the slide has regained speed, though the 15% intermediate rebound off the lows leaves a question open.
This week's summary
Energy Fuels' Sell signal has been under management for nine weeks, with the short more than 37% in profit. This week the stock lost just 1.7%, but sellers controlled nearly 98% of volume - heavy selling pressure despite the modest decline. The price remains boxed into a very tight corridor between the 7-day low and the daily pivot point, with the ADX declining. This Energy Fuels technical analysis is worth watching closely, especially with quarterly earnings due this very week.
IQS Phase
79
in tension
Signal Strength
46
isolated weekly drop
Sizing
REDUCED
Ranking
#47 / 141
US stocks
Trade P&L %
+37.36%
from signal to today
Rank position
ranks 47th among the 141 sell signals for US stocks in our ranking, with a signal strength of 46 out of 100.
Sector context
SectorMaterials
Benchmark ETFXLB
Sector regimein positive regime
Performanceweekly +1.44% · monthly +0.20%
UUUU belongs to the materials sector (reference ETF XLB). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content