Uranerz Energy (URZ) is an exploration-stage company engaged in the acquisition, exploration and development of properties in the uranium sector. This stock is trading up 3% to $1.63 in recent trading.
Today's Range: $1.61-$1.6452-Week Range: $1.08-$3.07 Volume: 141,000 Three-Month Average Volume: 317,715 >>5 Fast-Growing Stocks for a Rebounding Economy From a technical perspective, URZ is moving modestly higher here with light volume following the stock's recent spike back above its 50-day with heavy volume. This move today is quickly pushing URZ within range of triggering a near-term breakout trade. That trade will hit once URZ manages to take out some near-term overhead resistance levels at $1.66 to $1.73 with high volume. Traders should now look for long-biased trades in URZ as long as it's trending above its 50-day at $1.58, and then once it sustains a move or close above those breakout levels with volume that hits near or above 317,715 shares. If that breakout triggers soon, then URZ will setup to re-test or possibly take out its next major overhead resistance levels at $1.83 to $1.89. If URZ takes out $1.89 with heavy volume, then this stock could trend up towards $2.20 to $2.60 in the near future.