| CCJ latest price $26.9900 (-1.28%) ($26.8200 - $27.6700) on Thu. Jan. 26, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 82 |
Latest Price | $26.9900(-1.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 1.2% a day on average for past five trading days. |
Weekly Trend | CCJ advances 4.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CCJ advance at 0% a week (0% probability) URA(61%) BOTZ(41%) ARKG(38%) ARKK(38%) XME(34%) |
Factors Impacting CCJ price | CCJ will decline at least -1.185% in a week (0% probabilities). VIXM(-22%) UUP(-19%) VXX(-16%) SHY(-16%) IGOV(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.185% (StdDev 2.37%) |
Hourly BBV | -0.1 () |
Intraday Trend | -2.2% |
| |
|
|