| CCJ latest price $11.5600 (6.25%) ($10.8700 - $11.5600) on Wed. Jul. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.47% (three month average) |
RSI | 81 |
Latest Price | $11.5600(6.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 1.4% a day on average for past five trading days. |
Weekly Trend | CCJ advances 4.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CCJ advance at 0% a week (0% probability) URA(80%) XME(48%) IWC(46%) IWO(46%) IWM(45%) |
Factors Impacting CCJ price | CCJ will decline at least -1.235% in a week (0% probabilities). VIXM(-28%) UUP(-24%) VXX(-15%) TLT(-11%) DRIV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.235% (StdDev 2.47%) |
Hourly BBV | 0 () |
Intraday Trend | 5.1% |
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