| CCJ latest price $31.5400 (-2.47%) ($31.3800 - $32.3700) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 61 |
Latest Price | $31.5400(-2.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 1.3% a day on average for past five trading days. |
Weekly Trend | CCJ advances 2.3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(87%) XME(62%) LIT(60%) REMX(59%) XOP(58%) |
Factors Impacting CCJ price | CCJ will decline at least -1.13% in a week (0% probabilities). VXX(-49%) VIXM(-44%) UUP(-15%) TBT(-15%) EDOC(-1%) |
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 | -1.13% (StdDev 2.26%) |
Hourly BBV | -0.7 () |
Intraday Trend | -2.4% |
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