| CCJ latest price $10.4700 (0.1%) ($10.4100 - $10.6200) on Thu. Aug. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 28 |
Latest Price | $10.4700(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 0.4% a day on average for past five trading days. |
Weekly Trend | CCJ declines -4.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support CCJ advance at 0% a week (0% probability) URA(80%) XME(49%) IWC(47%) IWM(46%) IWO(46%) |
Factors Impacting CCJ price | CCJ will decline at least -1.395% in a week (0% probabilities). VIXM(-29%) UUP(-25%) VXX(-15%) TLT(-11%) IGOV(-5%) |
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 | -1.395% (StdDev 2.79%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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