Cameco Corp

CCJ is entrenched in a Stage 4 decline with successive lower highs and lower lows. The medium-term bias is bearish, reinforced by declining EMAs acting as dynamic resistance and persistent distribution. Although the RSI and options score indicate extreme oversold conditions, mean-reversion is not eligible, and HMOM strategy prefers waiting for a shallow rally into the EMAs before selling. Current price is extended below key EMAs, so deferring further downside engagement into any bounce aligns with risk discipline.

• ↑Westinghouse acquisition enables integrated uranium extraction to reactor services
• ↑24% YoY Q1 2025 revenue growth backed by long-term contracts
• ↓McArthur River delays limit 2026 production to 19.5–21.5 M lbs