Energy Fuels Inc

UUUU remains in a Stage 4 Decline characterized by lower highs and lower lows under declining EMAs. Medium-term bias is firmly bearish, reinforced by Support Failure and Higher Highs & Higher Lows patterns signaling supply dominance. Short-term timing is unfavorable for new sell entries due to price extension below the 9EMA–21EMA and extreme oversold conditions. Recommend deferring execution and trimming into a relief rally up into the declining EMA (9/21) resistance zone for a disciplined exit.

• ↑Q1 2026 uranium output guidance at 1.1–1.4M lbs; cost/lb to fall from $50–$55 to $30–$40
• ↑Rare earth NdPr qualification for major automakers; Donald JV fully approved
• ↓Q3 net loss narrowed to $16.7M from $21.8M; negative earnings yield signals poor returns