Cameco Corporation (CCJ)

Cameco Corporation is trading at $76.91, down 7.88% on the session. The 50 day average sits at $90.61 and the 200 day at $104.29, which puts the stock in a downtrend. RSI is at 35.2, which reads as weak, and MACD is bullish crossover. Volume is volume spike.

The nearest support is around $73.89 with resistance near $89.92, so that band frames the current range. Average daily movement is roughly $3.50, or about 4.6% of the share price, which is what any stop placement has to allow for. The overall health score of 36 out of 100 combines a trend score of 3, momentum of 54 and a risk score of 64.

Cameco Corporation provides uranium for the generation of electricity in the Americas, Europe, and Asia. It operates in three segments: Uranium, Fuel Services, and Westinghouse. The Uranium segment engages in the exploration for, mining, milling, purchase, and sale of uranium concentrate. Its Fuel Services segment is involved in the refining, conversion, and fabrication of uranium concentrate, as well as purchase and sale of conversion services. The Westinghouse segment operates as a nuclear reactor technology original equipment manufacturer and a provider of products and services to commercial utilities and government agencies. It also provides outage and maintenance, engineering support, instrumentation and controls equipment, and plant modification services, as well as components and parts to nuclear reactors. The company sells its uranium and fuel products and services to nuclear utilities. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.