Uranium’s Quiet Rebellion: Price Stabilizes?

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The uranium market, once a tempest of fluctuation, now finds itself in a state of quiet resignation. The daily charts, those ever-vigilant observers, whisper of a tightening grip, though whether it is the hand of restraint or the chains of complacency remains to be seen.

Uranium Spot Price Tests $86 Support After Rejection From $100 High

Uranium (USD/lb) is trading at $86.550/lb, a figure that might as well be a relic of a bygone era. The market, ever the dramatist, has seen a fall of $1.500 points, or -1.70%, on the trading day-a performance worthy of a tragic opera. The one-year extended pattern, a long-term upward trend, began its ascent in the mid-$60s/lb, a journey as tedious as it was inevitable, culminating in the end of 2025, a year that will be remembered for its volatility.

According to the TradingEconomics chart, the price progressed to $70/lb, a milestone as fleeting as a sunset. In the midyear, it reached $80/lb, a fleeting triumph. By early autumn, it had established more elevated bottoms, a feat akin to climbing a hill only to find it was a molehill.

In early 2026, when uranium rose and exceeded the $90/lb mark, it momentarily hit $100/lb-a peak so lofty it seemed to brush the clouds. That move, the most violent leg of the cycle, was the climax of a drama that ended in a severe corrective reversal, leaving the market as breathless as a dancer after a final bow.

After the spike, the price retreated to the mid-$80/lb, where it now lingers, a reluctant participant in the game of equilibrium. The horizontal between $86.550/lb has become a short-run level of equilibrium, though one wonders if it is a truce or a temporary ceasefire. Resistance around $80/lb, once a stubborn adversary, now appears to have shifted to structural support, a change as perplexing as a cat’s sudden affection for a vacuum cleaner.

URA ETF Pulls Back to $54 as One-Year Gain Holds Above 119%

According to Investing.com, the Global X Uranium ETF (URA) is at $54.34, a loss of $0.53 points, or 0.97%, today. The performance in the short term, though moderated, still echoes the power of the uranium cycle, a force as relentless as a Russian winter.

Additionally, the day chart of Investing.com has fallen 12.09% in the last month, a cooling-down period that feels as inevitable as the setting sun. Yet, the three-month performance is a robust 20.01%, and the six-month performance, a commendable 32.60%. The one-year improvement of 119.11% is a testament to the preceding upside move, while the five-year 210.51% suggests a structural direction as clear as a Moscow winter sky.

On the day chart, URA was around the $60 level recently, but it has since bounced back to the mid-fifties. The price of $54.34 is very close to a visible pivot point, a moment of decision for the ETF, which may be attempting to stabilize after a recent pullback. The growth of volume during the upward acceleration period has since dwindled, a sign that the market’s vigor is as fleeting as a candle’s flame.

MACD Turns Negative While CMF Holds Positive at 0.05

On the other hand, the uranium one-day Tradu is trading at 7,330.85, a decline of 45.07, or -0.61%, on the session, according to the TradingView chart. The recent market is experiencing mild selling pressure, a situation as common as a rainy day in April.

According to the TradingView chart, the MACD (12, 26, 9) indicates a line value of -11.63, a signal line of 169.45, and a histogram of 181.07. Momentum has obviously decelerated, with the histogram bars shifting like leaves in the wind. The MACD configuration registers decreasing bullish acceleration, a trend as predictable as the changing of the seasons. The crossover structure shows cooling, though the downside momentum is not extreme, a situation as delicate as a porcelain vase.

Chaikin Money Flow (20) is currently at 0.05, indicating slightly positive inflows of capital. This shows that accumulation pressure has not yet completely reversed, though the pace of momentum has slowed. The current daily volume is at 10.56K, below the levels of the surge seen at the peak of the rally, which supports the history of consolidation-a process as slow and steady as a tortoise’s gait.

On spot uranium, URA pricing, and technical momentum indicators, the market is showing a shift from high growth to a narrower range of consolidation, and the price has been above the significant structural support levels even with intraday losses. A tale as old as time, yet always fresh, like a well-worn book.

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2026-02-28 21:54