NuScale Power Stock Shows Bullish Signals Despite Recent Pullback

Recent Stock Performance and Market Context

NuScale Power (SMR) shares declined significantly this week, reportedly trading down 12.4% at $33.60 and heading for their fifth consecutive daily loss. This pullback comes despite the stock maintaining an impressive 89.6% gain for 2025 and having reached a record high of $57.42 just last week, according to market analysis.

Recent Stock Performance and Market Context
Technical Analysis Points to Potential Support
Options Market Sentiment and Potential Catalysts
Brokerage Coverage and Investment Outlook

The downturn coincided with news that Starboard has acquired an almost 5% stake in Fluor Corporation, which holds a majority stake in NuScale Power. Market sources indicate this development has contributed to the recent volatility in SMR shares.

Technical Analysis Points to Potential Support

The recent decline has positioned NuScale Power stock near what analysts describe as a historically bullish trendline. According to reports from Schaeffer’s Senior Quantitative Analyst Rocky White, the stock currently sits within 0.75 average true range (ATR) of its 126-day moving average. This technical positioning is notable given that the stock has reportedly remained above this moving average approximately 80% of the time over both the past 10 and 42 trading days.

Historical data suggests this technical setup has occurred only five other times during the previous decade. Analysis of these instances indicates that shares were higher one week later in 60% of cases, with an average gain of 0.7%, according to the quantitative research.

Options Market Sentiment and Potential Catalysts

Market data from major options exchanges reveals heightened bearish positioning that could potentially work in bulls’ favor. The security’s 50-day put/call volume ratio of 3.66 reportedly ranks higher than 86% of annual readings, indicating that put options have been accumulating at an unusually rapid pace.

Analysts suggest this elevated put activity could create favorable conditions for a rebound if bearish sentiment begins to unwind, as the substantial put positioning might fuel covering rallies. Additionally, NuScale Power’s Schaeffer’s put/call open interest ratio (SOIR) of 1.44 reportedly stands higher than all other readings from the past year, suggesting short-term options traders have been particularly bearish.

Brokerage Coverage and Investment Outlook

According to the analysis, there appears to be significant opportunity for bullish developments in analyst sentiment. Reports indicate that 10 of the 15 covering brokerages currently maintain a “hold” or worse rating on the stock, potentially leaving room for upgrades should the company’s prospects improve.

While recent performance has been challenging, technical indicators and options market dynamics suggest the potential for a near-term rebound, according to market analysts. However, as with all investment analysis, these observations represent historical patterns and market data rather than guarantees of future performance.

For additional context about the companies mentioned, reference information is available for NuScale Power, Fluor Corporation, and the Philadelphia Stock Exchange where options trading occurs.