'Buy the Dip' Signal on Uranium Stock Has Never Been Wrong

Patrick Martin

Tue, March 24, 2026 astatine 9:37 AM CDT 1 min read

Centrus Energy Corp (NYSE:LEU) banal is down 4.2% to commercialized astatine $188.39, arsenic lipid prices measurement connected the atomic vigor sector. The uranium banal has tumbled much than 23% truthful acold successful 2026, but the bully quality is that this the pullback has it investigating a historically bullish trendline.

According to Schaeffer's Senior Quantitative Analyst Rocky White, Centrus banal is wrong 0.75 of the 320-day moving average's 20-day mean existent scope (ATR), aft remaining supra it 80% of the clip implicit the past 2 weeks and successful 80% of the past 42 trading sessions. This awesome has occurred 3 different times during the past 10 years, aft which the equity was higher 1 week aboriginal each 3 times, with an mean instrumentality of 7%. One period later, the banal was again higher each time, with an mean 21.9% pop.

A determination of akin magnitude would person the shares reclaiming their year-to-date breakeven level. Longer term, the equity is up 141% year-over-year. A abbreviated compression could assistance the banal instrumentality to those Oct. 16, 14-year highs of $464.25. Short involvement has begun to taper off, yet the 4.39 cardinal shares sold abbreviated relationship for 24.2% of LEU's full disposable float.

Options are looking affordable, per the equity's Schaeffer's Volatility Index (SVI) that ranks successful the 22nd percentile of its yearly range. In different words, near-term enactment traders are pricing successful comparatively debased volatility expectations. Plus, the stock's Schaeffer's Volatility Scorecard (SVS) comes successful astatine 96 retired of 100. In different words, shares person consistently realized higher volatility than its options person priced successful implicit the past 12 months.