Sprott Uranium Miners - 12th April 2023 | @ 157 Days | Snippet
'A' class signal detected in Sprott Uranium Miners ETF (URNM). Attributes, targets and phasing analysis below
Signal Class & Attributes
Defining characteristics of the component detected over the sample period.
Detected Signal Class: A - learn more
Average Wavelength: 157 Days
Completed Iterations: 5
Signal Detail & Targets
Here we give more detail on the signal and our expectations for price, given the detected attributes of the component. In most cases the time target to hold a trade for is more important, given we focus on cycles in financial markets. Forthcoming trough and peak ranges are based upon the frequency modulation in the sample.
Phase: Troughing / Troughed
FM: +- 7 Days
Next Trough Range: April 24th - May 8th 2023
Next Peak Range: July 10th - Jul 24th 2023
Sigma-L Recommendation: Buy
Time Target: ~ 17th July 2023
Price Target: ~ 38