Sell signal in management, tenth week
Energy Fuels stock up 1.2%, but sellers still in control ahead of Aug 5 earnings
Sell signal in management, tenth week
Our view last week
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.
This week's summary
Energy Fuels' Sell signal has been under management for ten weeks, with the short more than 36% in profit. This week the stock recovered 1.2%, but money flow got worse: sellers stay in control despite the bounce. On the daily chart the sequence of lower highs continues, from the 14 area toward the 13 area. This Energy Fuels technical analysis flags earnings due August 5th, right in this week's window.
IQS Phase
81
in tension / maturity
Signal Strength
3
decline losing steam
Sizing
MINIMUM
Ranking
#103 / 138
US stocks
Trade P&L %
+36.59%
from signal to date, no stop loss
Rank position
ranks 103rd among the 138 sell signals for US stocks in our ranking, with a signal strength of 3 out of 100.
Sector context
SectorMaterials
Benchmark ETFXLB
Sector regimeweak phase
Performanceweekly -1.62% · monthly -1.16%
UUUU belongs to the materials sector (reference ETF XLB). The sector is classified weak phase according to our weekly reading.
restricted Platinum content