| CCJ latest price $35.1600 (3.5%) ($34.0600 - $35.2350) on Mon. Jul. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.34% (three month average) |
RSI | 76 |
Latest Price | $35.1600(3.5%) |
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 3.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CCJ advance at 0% a week (0% probability) URA(86%) LIT(56%) XME(56%) REMX(54%) OIH(51%) |
Factors Impacting CCJ price | CCJ will decline at least -1.17% in a week (0% probabilities). VXX(-52%) VIXM(-50%) IGOV(-14%) UUP(-6%) BNDX(-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 | -1.17% (StdDev 2.34%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.8% |
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