SMR: The Nuclear Renaissance in Europe and the U.S.By Ion Jauregui – ActivTrades Analyst
Following the impact of the war in Ukraine and the volatility of Russian gas supplies, Europe has accelerated its transition toward clean energy sources. By 2024, 48% of the EU's electricity mix already comes from renewables, 24% from nuclear power, and only 28% from fossil fuels. Spain is even further ahead, with renewables accounting for 55.8% of its electricity system. This evolution has led to a 59% reduction in CO₂ emissions and a 16% annual drop in the average price of electricity. However, the green transition faces challenges such as renewable intermittency, technological dependency, and a shortage of skilled personnel. In response, both Europe and the U.S. are reinforcing their commitment to nuclear energy, particularly through Small Modular Reactors (SMRs), a safer, more flexible, and more efficient technology.
SMRs offer key advantages: compact design, lower costs, and the ability to be installed near industrial centers or remote communities. In Europe, France is leading the charge through EDF, which expects to have its first NUWARD prototype operational before 2030. In the UK, Rolls-Royce is developing 470 MWe reactors with both public and private support, aiming to build up to 10 units by 2035. Meanwhile, Tractebel (ENGIE) is working on SMR engineering projects across Central and Eastern Europe.
In the U.S., SMR technology has gained momentum with support from the Department of Energy. NuScale Power was the first company to receive design approval from the Nuclear Regulatory Commission (NRC), and although its Utah project was canceled, it maintains agreements with Canada, Romania, and Ukraine. Also notable is Oklo Inc., backed by OpenAI CEO Sam Altman, which went public in 2024 with an innovative compact reactor. Other key players include Constellation Energy and Vistra Corp., which operate nuclear facilities, as well as private firms TerraPower (founded by Bill Gates) and X-energy—both federally funded. The Inflation Reduction Act (IRA) has funneled billions in incentives toward clean energy in the U.S., supporting both renewable and nuclear technologies. The transatlantic approach is clear: combine solar, wind, storage, and SMRs to achieve a clean, resilient, and competitive energy supply.
NuScale Power Corp. Analysis
On the hourly chart, NuScale entered an accumulation phase starting on October 24, 2024, pushing its price up to a peak of $32.30 by March 25, 2025. However, it has since lost momentum, largely due to the uncertainty triggered by U.S. tariff policies.
Currently, the stock is trending toward a key support zone around $16.75, a level that previously acted as resistance multiple times. The firmest support lies at $11.02, marking a recent low. The Point of Control (POC), which indicates the price level with the highest traded volume, currently stands at around $18.36—just above immediate resistance. The most active trading range is between $17.24 and $25.60.
Technical indicators show an RSI at 48.18%, suggesting slight overselling, though not extreme. Moving average crossovers are unclear, reflecting market indecision. This lack of bullish strength may prolong the current sideways movement. In the long term, if market sentiment improves and regulatory tensions ease, the stock could recover toward the mid-range zone of around $21.00.
Publicly Traded Energy Companies: Renewables and SMRs
Nuclear Energy and Small Modular Reactors (SMRs)
• EDF – 🇫🇷 Euronext Paris: EDF
• Tractebel (ENGIE) – 🇧🇪 Euronext Paris: ENGI
• Rolls-Royce SMR – 🇬🇧 LSE: RR
• NuScale Power – 🇺🇸 NYSE: SMR
• Oklo Inc. – 🇺🇸 NYSE: OKLO
• Constellation Energy – 🇺🇸 NASDAQ: CEG
• Vistra Corp. – 🇺🇸 NYSE: VST
• Cameco Corp (Uranium) – 🇨🇦 NYSE: CCJ
Private Companies to Watch
• TerraPower – 🇺🇸 (Bill Gates, Natrium Reactor)
• X-energy – 🇺🇸 (Xe-100 Reactor, DOE-funded)
Renewables and Energy Storage
• Iberdrola – 🇪🇸 BME: IBE
• Acciona Energía – 🇪🇸 BME: ANE
• Ørsted – 🇩🇰 CPH: ORSTED
• Enel – 🇮🇹 BIT: ENEL
• Siemens Energy – 🇩🇪 ETR: ENR
• Vestas Wind Systems – 🇩🇰 CPH: VWS
• First Solar – 🇺🇸 NASDAQ: FSLR
• NextEra Energy – 🇺🇸 NYSE: NEE
• Plug Power – 🇺🇸 NASDAQ: PLUG
• Bloom Energy – 🇺🇸 NYSE: BE
In this context, investment opportunities are expanding rapidly. Companies like EDF, Rolls-Royce, NuScale, Oklo, and Iberdrola are well positioned to lead the energy transition. The green revolution is no longer just about renewables—the new energy era is also nuclear.
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SMR trade ideas
NuScale Imminent Growth $SMRWith a major tech partner likely to be announced during earnings which was originally planned for Feb 27, 2025 but according to NuScale, the earnings call will be monday March 3,2025. This leaves me unsure when their 10-k will actually be filed.
Dark Pool flow for NYSE:SMR shows $36 million in purchase after hours on Feb 26, 2025. This leads me to believe the news could be imminent this week. But regardless, whether it's this week or next, this looks likely to revisit ATH's.
Expanding Triangle on NuScale Power. SMRIndeed. 0.618 rally correction is followed now by a tenuous recovery. May it be E wave of triangle and technical indicators seem to brOadly support this notion. Bullish crosses in tandem on the VZO and Ehlers Stoch RSI, although the latter is a bit flat. Cross of the top end of the MIDAS envelope with positive gradient on both the US and vWAP lines. Time will tell.
Stock Of The Day / 01.23.25 / SMR01.23.2025 / NYSE:SMR
Fundamentals. Neutral news background.
Technical analysis.
Daily chart: Uptrend. We mark the previous day's high at 26.50.
Premarket: Increased activity without a clearly defined trend movement.
Trading session: The upward movement from the opening was stopped at 26.50. The pullback did not lead to a change in trend and we are observing an unsuccessful second attempt to breakout the level at 10:30 a.m. After that we are observing a very small pullback, which indicates the weakness of sellers. We are observing a retest on decreasing volumes after breakout the level at 10:42. We are considering a long trade to continue the upward movement.
Trading scenario: #breakout-retest (#tightening-retest) of level 26.50
Entry: 26.86 above the high of the retest. Aggressive entry into the breakout without waiting for a retest is acceptable, when setting a stop behind the low of the last pullback.
Stop: 26.47 we hide it behind the level.
Exit: In this trade, it is quite difficult to manage the position following the trend, so taking profit with RR 1/3 or higher will be a good result.
Risk Rewards: 1/6
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information .
TIME TO LONG THIS SHIT, $SMRIt's about god damn time to take position in $SMR.
Last Oct, i took over +80% return with this shitty stock.
For a while, i was away from this theme, playing through Quantum Computing and Drones.
Now i believe it's god damn time to invest in this theme again.
NYSE:SMR rose +17.73% last friday, followed by OKLO(+24.71%), VST(+8.49%), CEG(+4.04%).
Personally i hold VST, OKLO, CEG. Forgot to buy NYSE:SMR unfortunately.
Today i would take position on NYSE:SMR at the beginning of the market.
In chart wise, we can see crucial support level at $17.03.
I believe its about time for Quantum to rest for a while, now here comes the Nukes.
In short term, I believe we could again be testing prior high level of $32 by end of this month.
If we are lucky, we would re-write the ATH price for this shit.
NUSCALE ABOUT TO ROCKETSo am I buying NUSCALE TOMORROW? Yes 😍. Love the chart. 61.8% retracement offered weekly support with a huge bounce of it -6.87% for the week and on the last day a huge 17.73% gain. The relative strength index at 57, above 50 so strength intact with a turn into the new week. A bullish engulfing candle adds the cheery to the cake.
The daily charts- volume of 10.46 m, highest since the sell off 9 days prior on volume of 15 million, the 20 day still above the 50 day average, 20 day and 50 day providing primary resistance (this could be a lesson for me- wait for breakout) along with RSI which is below 50. This is a risk as buy signal is not generated. We had this on one prior occasion but the 61.8% fib held strong on the support. My bet is the volume which is just averaging 1.5 million over the last 9 day average plus the news- U.S. Hydrogen Tax-Credit Revision will drive momentum tomorrow.
NUSCALE- SMR about to rocketSo am I buying NUSCALE TOMORROW? Yes 😍. www.tradingview.com
love the chart. 61.8% retracement offered weekly support with a huge bounce of it, 6.87% for the week and on the last day a huge 17.73% gain. The relative strength index at 57, above 50 so strength intact with a turn into the new week. A bullish engulfing candle adds the cheery to the cake.
the daily charts- volume of 10.46 m, highest since the sell off 9 days prior on volume of 15 million, the 20 day still above the 50 day average, 20 day and 50 day providing primary resistance (this could be a lesson for me- wait for breakout) along with RSI which is below 50. This is a risk as buy signal is not generated. We had this on one prior occasion but the 61.8% fib held strong on the support. My bet is the volume which is just averaging 1.5 million over the last 9 day average plus the news- U.S. Hydrogen Tax-Credit Revision will drive momentum tomorrow.
NuScale Power (SMR) - Cup and Handle Breakout, Target $25 - $40Overview:
NuScale Power Corporation (NYSE: SMR) is showing a bullish Cup and Handle pattern, a classic setup that often precedes a significant upward move. The cup has formed over the past few months, and the stock is currently in the handle formation, signaling a potential breakout.
Technical Setup:
Pattern: Cup and Handle
Breakout Level: ~$20.31 (current resistance area)
Target Zone: $25.37, $33.65, and $40.57 (potential targets based on previous resistance levels and measured move)
Handle Formation: The current consolidation in a descending channel within the handle adds to the potential breakout strength.
Price Action:
A breakout above the $20.31 level would confirm the cup and handle pattern, with the first target around $25.37 and higher targets up to $40.57.
The price could continue to consolidate within the handle for the next couple of weeks before making a decisive move, making now a good time to watch for a breakout.
Risk Management:
A drop below the $18 level would negate the setup, suggesting further consolidation or a potential reversal.
Catalysts:
Watch for upcoming earnings and other news that could act as a catalyst for the breakout.
Bullish Double Bottom Pattern Tutorial: 4/8 Bullish PatternsGive me the description for a bullish double-bottom
A bullish double bottom is a powerful reversal chart pattern that signals the potential end of a downtrend and the beginning of an upward trend. Here’s how it forms:
Two Troughs: The pattern starts with a significant price decline, forming a low (the first bottom). The price then rebounds to create a peak (the middle of the "W" shape) but soon declines again to form a second bottom roughly at the same price level as the first bottom. This double bottom resembles the letter "W."
Neckline: The horizontal line that connects the peak of the middle rebound is called the neckline. This is a key resistance level that the price needs to break through to confirm the pattern.
Breakout: A breakout above the neckline, typically accompanied by increased volume, confirms the double bottom pattern and signals a potential trend reversal from bearish to bullish.
Price Target: The estimated price target for the upward move is usually determined by measuring the distance from the bottoms to the neckline and projecting this distance upwards from the point of breakout.
Traders view the double bottom as a strong indication that the previous downtrend has exhausted and the bulls are gaining control, leading to a potential significant upward movement.
Post Earnings $SMR - Two Scenarios Personal Current view on $ NYSE:SMR stock as a long holder:
Considering the uptrend channel seen, a bounce from 16-17$ area back to 19$-20's$ should imply that the bullish uptrend is not over yet.
Despite this running up due to news mainly, a positive earnings would give more confidence to investors.
Another aspect is if trump wins, this could see more potential and here is why in the next paragraph.
Trump vs. Harris Scenarios on nuclear energy:
Donald Trump: During his presidency, Trump promoted an "all-of-the-above" energy policy, which included strong support for nuclear power. His administration implemented measures to support the nuclear industry, such as proposing funding for research in advanced nuclear reactors and exploring ways to keep existing nuclear plants operational. The Trump administration saw nuclear energy as a way to boost U.S. energy independence and cut carbon emissions, while also enhancing the U.S. nuclear industry's competitiveness against countries like Russia and China.
Kamala Harris: Harris has generally supported a shift toward renewable energy (like solar and wind) as part of addressing climate change, aligning with the Democratic Party's focus on green energy. While she hasn’t opposed nuclear power outright, she has emphasized a preference for renewables. However, as Vice President under Joe Biden, she has supported the administration’s clean energy goals, which include nuclear power as a low-carbon energy source in their policy mix. The Biden administration has provided funding to keep existing nuclear plants running and to research advanced nuclear technology.
Another factor to consider is that NuScale is "the only SMR certified by the U.S. Nuclear Regulatory Commission." But also, "Standard Design Approval application under review by the U.S. Nuclear Regulatory Commission and remains on track for mid-year 2025 completion, as scheduled." So on the long run this can be promising if they managed to get all paper work done.
Back to the analysis, if we don't see a bounce back to 20$ then its going to have major resistance at first previous outbreak around 10$.
Worthy of mentioning, on the 30mins / 1 hour timeframes there were divergences detected indicating a bullish signal again, but due to vagueness of election results and negative sentiment the stock has seen tight hold around 18$ till date of this post.
Not a financial advisor or even close to a trader, just a swing trading hobbyist who wants to learn more about trading
SMR heads up at $25.83: Golden Sisters gave us 54%, Book ProfitsThis is a follow up to my $16.68 Entry Call (click).
SMR launched EXACTLY from our entry on Golden fib.
Bounce hit bigger sister Golden fib, so a good target.
Scalpers should close longs, Holders might sell some.
54% gains so we need to book some/all profits.
Now we will look to the fibs below for support.
$ 22.34, then 20.18 are of interest for re-buys.
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Previous Analysis and Entry call:
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NuScale Power Corporation (SMR) AnalysisCompany Overview: NuScale Power Corporation NYSE:SMR is at the forefront of the nuclear energy revolution, leveraging its cutting-edge small modular reactor (SMR) technology to address the growing demand for clean, reliable energy. With the backing of the U.S. Nuclear Regulatory Commission’s (NRC) certification, NuScale holds a strong first-mover advantage in the nuclear energy space, positioning it for significant growth as global efforts to transition to cleaner energy sources accelerate.
Key Catalysts:
NRC Certification: NuScale is the only SMR company with NRC certification, giving it a significant regulatory and market advantage in deploying its innovative nuclear reactors.
Growing Demand for Clean Energy: As countries worldwide commit to reducing carbon emissions, demand for clean nuclear energy is rising. NuScale’s scalable, safe, and cost-effective SMR technology is well-suited to meet this need.
Data Center Opportunities: In addition to energy generation, NuScale is exploring applications for its SMRs in the data center industry, offering on-site, scalable power solutions that align with the industry's increasing energy demands.
Global Expansion: NuScale's technology appeals to both developed and developing nations as a reliable and safe alternative energy source, with strong international interest in SMR deployment.
Investment Outlook: Bullish Outlook: We are bullish on SMR above $10.50-$11.00, reflecting the company’s first-mover status in the nuclear SMR market and its potential to capture significant market share in both energy and data center applications. Upside Potential: Our target range for SMR is $23.00-$24.00, driven by growth in clean energy adoption and increasing demand for scalable power solutions in high-growth sectors like data centers.
🚀 SMR—Pioneering the Future of Clean, Reliable Nuclear Power. #NuclearEnergy #CleanEnergy #SmallModularReactors
6/28/24 - $smr - short >$11let's be clear - i want nuclear/ esp the mini reactor-tech to succeed
but there's a difference btwn stonks and reality, sometimes. and this difference can persist for some time. the stronger the meme the stronger the stick.
and while my preferred way to play nuclear is OTC:SRUUF - the physical uranium - bc lets be honest i am not housing that lol. it's going into all of these products, large to mini scale, or will be very correlated to the success of the industry. the margin of safety is massively better as well when considering the valuation of some of these plays.
NASDAQ:NNE - go read it - fine to trade it - but you better have a killer entry to feel comfortable holding (you know who you are)
NYSE:SMR - did you see last quarter? this thing will trade at 100x SALES. mmhmm. honestly guys, it just comes down to math sometimes. i can't guarantee anything in the world we live in, but i'd guess there's a 95%+ chance in the coming year you'll see this stonk a lot cheaper.
does it go higher in the meanwhile? honestly idk.
nobody is going to take this out at a 3 bn valuation. i guess i should never say never about anything. but i'd say the probability is very (very very) low.
so just be careful here.
it's a hedge for me, to be sure against my $sruuf.
but this valuation is borderline hilarious. and nuclear isn't a meme yet.
just be careful at a minimum, k?
V
SMRHeading toward Buy side liquidity (BSL); if we fail to close above the weekly order block, another pull back is to be expected.
the Bullish mitigation block is also a high probability indicator that we will be going upwards, at least short term. we tested it and now going up to buy side liquidity.
SMR approaching DCA opprtunityNYSE:SMR is approaching a potential entry point for the start of a DCA strategy for a long term hold.
SUMMARY
Wait to see where the price moves. Using a combination of RSI reaching 30 and the price falling to (with a 3 day filter) around $4 or if the price continues to fall then around $2 (another 3 day filter at this level too), begin entry with a DCA strategy. Alternatively, if the price rises above $6, after a 3 day filter, begin DCA. If the price starts forming a flag between $5 and $5.80, enter once RSI has reached 30 (for those with a higher risk appetite can just use the RSI as an indicator) or await a range breakout/down to either enter at the $4 or $2 or $6 level as described above with or without a three day filter.
The price was seeing exponential growth in the leadup to the latest quarterly earnings report and popped a few days after. However, the price has subsequently fallen back down and now seems to be forming a pattern.
It is unknown really what caused the price to jump. And there has not been any significant insider trading on the day (or lead up to the day) where the price recently peaked.
The company itself has a healthy balance sheet and debt/equity ratio. It is still in the growth phase as they build somewhat emerging tech (nuclear power is established but their approach to providing customers modular smaller power stations is unique) and a large part of their customer base is still a maturing market (power hungry data centres wanting their own onsite nuclear power source, particularly those now being setup for providing AI). The company's income statement reflects this as net income over the recent years remains negative and is also not showing an upwards trajectory.
With this in mind this would be a stock for a long term hold with a DCA investment strategy until, whichever comes first, either a total dollar figure invested is reached or the company becomes long term profitable (i.e. exits the growth phase).
With the recent price fluctuations it is crucial to not enter too early as due to the immature nature of the industry and company, the price also has a high likelihood of remaining at a low level for quite some time. However, a DCA entry opportunity is also forming based on one of the 3 of the more likely price trend scenarios described in the chart. Details on these are as follows.
Scenarios 1 and 2:
Wait to see which way the price begins to move and see if it falls to one of the two support levels identified, make use of the RSI to identify the optimum entry point. If the price falls to $4, add in a 3 day filter to see if the price doesn't fall further and likewise add in a 3 day filter if the price continues to fall from $4 to $2. If the RSI has reached 30, and the 3 day filter has shown that $4 or $2 were a support level begin DCA. If the price continues to fall below 2, halt the DCA to see where the price becomes stable and then restart once the RSI starts trending upwards again.
Scenario 3:
If the price begins ranging between $5.30 and $5.80, depending on risk appetite, begin DCA once the RSI reaches 30 or starts trending upwards. If the price breaks out above $6, then add in a 3 day filter to ensure the breakout wasn't a false dawn, and start the DCA investment independent of where the RSI is.
SMR, an algorithmic correctionSMR has been in a steady and predictable decline for about 9 months now. We recently just observed another rejection from the top of the descending macro wedge trend line, and there is currently a fight around the $7.70 to $8.00 range. A strong break below the $7.60 level may have enough momentum to push the price to a new low and I will look for support at the psychological support level of around $7.00.
I am using Elliot Correction waves here to illustrate the correctional structure playing out, and local highs and lows have been reliably trading within the larger descending wedge formation. I believe an upside break of the wedge will occur at some point, but for the time being the downtrend is still intact.