$NLR Longing the DipI am looking at places to buy the pull back. Will start filling at least a little bit but ideally get a straight forward trade set-up like this one so I don't have to ape market buy and pray.
Key stats
About VanEck Uranium and Nuclear ETF
Home page
Inception date
Aug 13, 2007
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
NLR holds a narrow portfolio of companies involved in the nuclear energy industry, ranging from industrial conglomerates to uranium miners. Eligible firms must derive at least 50% of their revenue from this segment. The fund heavily overweights utilities and carries little weight in energy, giving it a large-cap tilt. NLR is also highly US- and Japan-centric, leaving little exposure to other heavyweights in the nuclear industry, like Canada and France. In addition, the index selects and weights holdings by market-cap, with individual weights capped at 8%. The index is reviewed quarterly. Prior to May 6, 2024, the '+' in the fund name has been replaced with 'and'.
Classification
What's in the fund
Exposure type
Utilities
Non-Energy Minerals
Producer Manufacturing
Stock breakdown by region
Wyckoff in Progress: Every EV planet has its moon. URANIUMPlanet EV has many moons like Jupiter. URANIUM, the second biggest one...
uranium nuclear etfThings that go BOOM!
Rocket ship taking off...
notes
continuation breakout
early breakout line
3 year moving average
squeezing price upwards
#uranium
Short $NLR from 56.25Could be entering a down channel. This is the test.
Entry: 56.25
SL: 58.5
TP: 48.25
Long $NLR (VanEck Uranium Nuclear Energy) from 52,56Uptrend from Covid low, but now in a more stable channel. We are looking for a bounce at the bottom of the channel which happens to be around the pre-covid high. There is also a fundemental trend in the ongoing discussion about energy supply that supports this play.
SL: 50,35 (previous bottom)
TP:
2021-08-28 Uranium and Nuclear Energy NLR - LongPrice is again knocking on the door of overhead resistance on the monthly chart. 4th time since 2014.
Looking like floodgates can open in coming few months. Breakout should be easy to spot. All hands on deck
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.