| CCJ latest price $29.1400 (9.3%) ($26.3900 - $29.5300) on Mon. Aug. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.09% (three month average) |
RSI | 65 |
Latest Price | $29.1400(9.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 5.1% a day on average for past five trading days. |
Weekly Trend | CCJ advances 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CCJ advance at 0% a week (0% probability) URA(51%) IWO(44%) IWD(41%) SPY(41%) DRIV(40%) |
Factors Impacting CCJ price | CCJ will decline at least -2.045% in a week (0% probabilities). UUP(-20%) VIXM(-15%) VXX(-12%) TLT(-3%) EDOC(-3%) |
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 | -2.045% (StdDev 4.09%) |
Hourly BBV | 1.5 () |
Intraday Trend | 9.9% |
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