Paladin Energy (PALAF) Flashes Reversal Signals—Here's What the Numbers Say

Paladin shares have tanked 8.1% over the past fortnight, but yesterday’s trading session painted an interesting picture. The stock formed a hammer candlestick pattern—that moment when sellers exhaust themselves and buyers push back.

Here’s the setup: After making new lows, PALAF found support and closed near its opening price, leaving a long lower wick. Textbook hammer formation. But here’s the kicker—this isn’t just a pretty chart pattern.

The fundamentals are firing up too:

• Consensus EPS estimates for the year just jumped 66.7% in 30 days
• Wall Street analysts are genuinely revising earnings higher
• PALAF scored a Zacks Rank #2 (Buy)—top 20% of 4,000+ stocks tracked

Historically, when you see both—technical reversal signals + improving earnings revisions—the probability of a trend flip increases. Uranium names have been riding macro tailwinds, and PALAF’s fundamental momentum suggests the recent selling might finally be washing out weak hands.

Caveat: Hammer patterns work best when confirmed by other bullish signals. This one checks that box with upward earnings revisions, but monitor volume and price action closely. If PALAF can hold above recent lows and break resistance, bottom fishers could be rewarded.