Cameco's 15-Minute Chart Shows Overbought RSI and KDJ Death Cross

According to the 15-minute chart for Cameco, the Relative Strength Index (RSI) has reached an overbought level, and the KDJ Death Cross has been triggered as of August 22, 2025, at 09:45. This indicates that the stock price has risen too quickly and has exceeded the fundamental support level, suggesting a shift in momentum towards the downside, with potential for further decreases in the stock price.

As of August 22, 2025, at 09:45, Cameco Corporation (NYSE: CCJ) has shown significant technical indicators that suggest a potential shift in momentum towards a downward trend. The Relative Strength Index (RSI) has reached an overbought level, indicating that the stock price has risen too quickly and may be due for a correction. Additionally, the KDJ Death Cross has been triggered, which typically signals a shift in momentum towards the downside.

Cameco Corporation, a major player in the uranium industry, reported earnings of $0.51 EPS for its most recent quarter, exceeding analysts' estimates of $0.29. The company's revenue was up 46.7% year-over-year, demonstrating strong financial performance. However, the technical indicators suggest that the stock price may have exceeded its fundamental support level, potentially leading to a decrease in the stock price.

Institutional investors and hedge funds have shown strong support for Cameco, with approximately 70.21% of its stock held by these entities. Summit Financial LLC, for instance, increased its stake in Cameco by 9.3% during the first quarter, indicating continued confidence in the company's prospects. Other large investors, such as Renaissance Technologies LLC and Mariner LLC, also increased their stakes in Cameco during the fourth quarter.

Despite the positive financial performance and institutional support, the technical indicators suggest that investors should be cautious. The RSI reaching an overbought level and the KDJ Death Cross being triggered indicate that the stock price may be overvalued and could experience a correction in the near future.

Investors should closely monitor Cameco Corporation's stock price and consider the potential implications of the technical indicators on their investment decisions. It is essential to stay informed about the company's financial performance and the broader market trends to make informed investment choices.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-summit-financial-llc-has-676-million-position-in-cameco-corporation-ccj-2025-08-21/
[2] https://www.openpr.com/news/4147059/uranium-natural-enriched-and-depleted-market-growth-outlook