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CAMECO CORP (CCO.CA) Stock Technical Analysis

TSX:CCO - Toronto Stock Exchange - CA13321L1085 - Common Stock - Currency: CAD

71.29  +1.6 (+2.3%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to CCO. CCO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

CCO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CCO has an average volume of 1125310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, CCO turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
CCO is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 68% of 220 stocks in the same industry.
CCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CCO is lagging the market.
Weekly and Daily overview Charts
CAMECO CORP / CCO Weekly stock chart
CAMECO CORP / CCO Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, CCO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 71.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CCO in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

49.21

82.54

4 important support areas can be observed.

  • A support zone ranging from 69.94 to 71.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @68.26 from a horizontal line in the daily time frame.
  • Support @55.08 from a trend line in the weekly time frame.
  • Support @49.71 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 80.07 to 80.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @81.72 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.46
Mansfield-0.28
10 Day High74.64
10 Day Low66.94
20 Day High83.5
20 Day Low66.94
52 Week High88.18
52 Week Low48.71
Performance
1 Week-0.81%
2 Weeks-11.26%
1 Month0.31%
3 Month-2.5%
6 Month31.24%
12 Month20.28%
2 Year91.13%
3 Year128.71%
5 Year514.04%
10 Year269.38%
15 Year146.68%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.23
RSI(14)45.81
LBB64.75
UBB82.28
CAMECO CORP / CCO Daily stock chart

CAMECO CORP

TSX:CCO (2/7/2025, 7:00:00 PM)

71.29

+1.6 (+2.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.3%
1 Week-0.81%
2 Weeks-11.26%
1 Month0.31%
3 Month-2.5%
6 Month31.24%
12 Month20.28%
2 Year91.13%
3 Year128.71%
5 Year514.04%
10 Year269.38%
15 Year146.68%
Volatility
ATR(14)3.87
ATR(20)%4.81%
ATR Inc-12.03%
Range Today2.7
ADR(20)2.94
ADR(20)%4.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.46
Mansfield-0.28
10 Day High74.64
10 Day Low66.94
20 Day High83.5
20 Day Low66.94
52 Week High88.18
52 Week Low48.71
CS1 End71.07
CR1 Start80.07
Volume & EV
DER(3)2.69%
DER(5)3.62%
Volume789.54K
Volume Incr-23.95%
Vol(5)1.00M
Vol(50)1.13M