| CCJ latest price $23.9900 (-3.07%) ($23.9200 - $24.7400) on Wed. Nov. 16, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.95% (three month average) |
RSI | 51 |
Latest Price | $23.9900(-3.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 0.5% a day on average for past five trading days. |
Weekly Trend | CCJ advances 1.4% 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) DIA(43%) IWD(42%) SPY(42%) IVW(41%) IWO(41%) |
Factors Impacting CCJ price | CCJ will decline at least -1.975% in a week (0% probabilities). VXX(-14%) UUP(-10%) VIXM(-8%) SHY(-7%) TLT(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.975% (StdDev 3.95%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2.1% |
| |
|
|