In both spot pricing and uranium-linked equities, recent sessions indicate consolidation activity at high levels in spite of weak intraday trading.
The uranium prices are beginning to stabilize following a steep growth period in the early part of the year, and the daily charts are showing that the momentum is tightening as opposed to accelerating.
Uranium Spot Price Tests $86 Support After Rejection From $100 High
Uranium (USD/lb) is trading at $86.550/lb on the Trading Economics daily chart, which indicates a fall of $1.500 points, or -1.70%, on the trading day. The one-year extended pattern depicts a long-term upward trend that started gaining momentum in the mid-$60s/lb area and slowly climbed up to the end of 2025.
According to the TradingEconomics chart, the price progressed to $70/lb. In the midyear, it ran into $80/lb. In the early autumn, and later established more elevated bottoms before a second breakout.
In early 2026, when uranium rose and exceeded the $90/lb mark and momentarily hit the $100/lb mark, the most violent leg was recorded. That move was the peak of the cycle, after which a severe corrective reversal took place.
After the spike, the price went back to the mid-$80/lb, where it is now holding ground. The horizontal between $86.550/lb has become a short-run level of equilibrium. Notably, resistance around $80/lb that has been previously resisted seems to have shifted to structural support since the market is still way above the breakout base, which was established in late 2025. The volatility has tightened and is no longer as explosive as the rally stage, indicating that it has changed to compression.
URA ETF Pulls Back to $54 as One-Year Gain Holds Above 119%
According to Investing.com, Global X Uranium ETF (URA) is at $54.34, at a loss of $0.53 points, or 0.97%, today. Although the performance in the short term has been moderated, the performance in the long term is still reporting its power in the uranium cycle as a whole.
Additionally, the day chart of Investing.com has fallen 12.09% in the last month, which depicts the cooling-down period that had been experienced after the period of the February peak. Nevertheless, the three-month performance is good, and it is 20.01%, and the six-month performance is 32.60%.
The one-year improvement of 119.11% is used to indicate the size of the preceding upside move, whereas the five-year 210.51% indicates the structural direction that has emerged in uranium space.
On the day chart, URA was around the $60 level recently, but it has since bounced back to the mid-fifties. The price of $54.34 is very close to a visible pivot point, and it is possible that the ETF is trying to stabilize, following the recent pullback. The growth of volume occurred in the upward acceleration period and since then has decreased, indicating less vigor in directional flows.
MACD Turns Negative While CMF Holds Positive at 0.05
On the other hand, the uranium one-day Tradu is trading at 7,330.85, which is less by 45.07, or -0.61%, on the session, according to the TradingView chart. The recent market is experiencing mild selling pressure.
According to the TradingView chart, the MACD (12, 26, 9) indicates that the MACD line value is -11.63, the signal line is 169.45, and the histogram is 181.07. Momentum has obviously decelerated out of the previous expansion phase, with the histogram bars shifting and the MACD configuration registering the decreasing bullish acceleration. The crossover structure shows cooling, though the downside momentum is not extreme.
Chaikin Money Flow (20) is currently at 0.05, indicating slightly positive inflows of capital. This shows that accumulation pressure has not yet completely reversed, although the pace of momentum has slowed. The current daily volume is at 10.56K, which is below the levels of the surge seen at the peak of the rally, which supports the history of consolidation.
On spot uranium, URA pricing, and technical momentum indicators, the market is showing a shift from high growth to a narrower range of consolidation, and the price has been above the significant structural support levels even with intraday losses.