Sprott Uranium Miners ETF (URNM)

Sprott Uranium Miners ETF is trading at $53.82, down 3.11% on the session. The 50 day average sits at $53.58 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 56.6, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $51.67 with resistance near $54.97, so that band frames the current range. Average daily movement is roughly $1.84, or about 3.4% of the share price, which is what any stop placement has to allow for. The overall health score of 61 out of 100 combines a trend score of 48, momentum of 83 and a risk score of 50.

The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index consists of securities of both U.S. and foreign issuers, including securities of issuers located in emerging and frontier market countries. It is non-diversified.