As this happened, B. Riley Securities initiated its Uranium Royalty Corp [UROY] rating to a Buy in a research note published on October 07, 2024; the price target was $3.50.
Price Performance Review of UROY
On Tuesday, Uranium Royalty Corp [NASDAQ:UROY] saw its stock unchanged to $2.39. Over the last five days, the stock has lost -6.27%. Uranium Royalty Corp shares have fallen nearly -11.48% since the year began. Nevertheless, the stocks have fallen -17.01% over the past one year. While a 52-week high of $3.76 was reached on 02/01/24, a 52-week low of $1.86 was recorded on 09/06/24. SMA at 50 days reached $2.67, while 200 days put it at $2.46.
Levels Of Support And Resistance For UROY Stock
The 24-hour chart illustrates a support level at 2.33, which if violated will result in even more drops to 2.27. On the upside, there is a resistance level at 2.43. A further resistance level may holdings at 2.47. The Relative Strength Index (RSI) on the 14-day chart is 36.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.61%. Stochastics %K at 12.19% indicates the stock is a buying.
How much short interest is there in Uranium Royalty Corp?
A steep rise in short interest was recorded in Uranium Royalty Corp stocks on 2024-11-15, growing by 0.12 million shares to a total of 8.83 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 8.71 million shares. There was a rise of 1.32%, which implies that there is a positive sentiment for the stock.
