| CCJ latest price $31.6400 (1.38%) ($30.9100 - $31.9350) on Thu. Jun. 15, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 70 |
Latest Price | $31.6400(1.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 0.7% a day on average for past five trading days. |
Weekly Trend | CCJ advances 5.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CCJ advance at 0% a week (0% probability) BOTZ(49%) ARKK(40%) ARKG(38%) ACES(37%) CEMB(33%) |
Factors Impacting CCJ price | CCJ will decline at least -1.085% in a week (0% probabilities). OIH(-24%) XOP(-19%) XLE(-12%) IYT(-12%) PAVE(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.085% (StdDev 2.17%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
| |
|
|