| CCJ latest price $23.2000 (1.8%) ($22.6500 - $23.7100) on Thu. Oct. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 38 |
Latest Price | $23.2000(1.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 0.7% a day on average for past five trading days. |
Weekly Trend | CCJ declines -9% a week on average for past two weeks. |
Market Behavior | Broad based 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) IWO(43%) IVW(42%) IWD(42%) SPY(42%) DIA(41%) |
Factors Impacting CCJ price | CCJ will decline at least -2.01% in a week (0% probabilities). UUP(-15%) EDOC(-14%) VXX(-12%) VIXM(-10%) SHY(-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 | -2.01% (StdDev 4.02%) |
Hourly BBV | 0.7 () |
Intraday Trend | 2.2% |
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