| CCJ latest price $10.9600 (3.4%) ($10.5500 - $10.9900) on Thu. Aug. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 73 |
Latest Price | $10.9600(3.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 0.9% a day on average for past five trading days. |
Weekly Trend | CCJ advances 1.3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CCJ advance at 0% a week (0% probability) URA(80%) XME(49%) IWC(47%) IWM(47%) IWO(46%) |
Factors Impacting CCJ price | CCJ will decline at least -1.37% 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 | -1.37% (StdDev 2.74%) |
Hourly BBV | 0 () |
Intraday Trend | 3.4% |
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