Uranium Surges Past 200-Day Moving Average: Positive Outlook for URA

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Uranium ETF Surges Past Key Moving Average

Uranium shares see a notable uptick as they break through a significant threshold.

During trading on Monday, the Uranium ETF (Symbol: URA) climbed above its 200-day moving average of $29.26, peaking at $30.05 per share. Currently, the shares are up approximately 2.2% for the day. The chart below illustrates a year’s performance of URA shares relative to its 200-day moving average:

Uranium 200 Day Moving Average Chart

According to the chart, URA’s lowest point over the past year is $22.785 per share, while its highest is $33.99. As of the last trade, the shares are priced at $29.43, indicating solid performance relative to previous benchmarks.

Click here to discover which nine other ETFs have recently surpassed their 200-day moving averages »

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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