NuScale Power Corporation (SMR)

NuScale Power Corporation is trading at $7.68, down 0.90% on the session. The 50 day average sits at $9.01 and the 200 day at $11.95, which puts the stock in a downtrend. RSI is at 39.3, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $7.54 with resistance near $8.95, so that band frames the current range. Average daily movement is roughly $0.58, or about 7.6% of the share price, which is what any stop placement has to allow for. The overall health score of 18 out of 100 combines a trend score of 3, momentum of 20 and a risk score of 40.

NuScale Power Corporation provides small modular reactor technology solutions. It offers NuScale Power Module (NPM), a light water nuclear reactor that can generate 77 megawatts of electricity (MWe). The company also provides design and nuclear regulatory licensing basis information to construct and operate the power plant; and licensing, design, development, construction, operation, and maintenance of the power plant. In addition, it offers regulatory licensing support services; start-up testing and commissioning support; accredited training programs to support initial and ongoing power plant operations; management of all aspects of the U.S. Nuclear Regulatory Commission required inspections, tests, analysis, and acceptance criteria process; NuScale Power Module mechanical handling; initial and ongoing fuel bundle loading and movement; design engineering management during commercial operation; operations and maintenance program management; procurement and spare parts management; nuclear fuel management, including reload analysis; and outage planning and execution support services. The company has a strategic partnership with Ebara Elliott Energy for the development, demonstration, and testing of industrial scale compressors using power modules. NuScale Power Corporation was founded in 2007 and is headquartered in Corvallis, Oregon.