| CCJ latest price $34.2600 (0.76%) ($33.9900 - $34.4950) on Wed. Aug. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.28% (three month average) |
RSI | 60 |
Latest Price | $34.2600(0.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 0.6% a day on average for past five trading days. |
Weekly Trend | CCJ advances 1% 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) URA(87%) XME(52%) LIT(50%) REMX(48%) OIH(47%) |
Factors Impacting CCJ price | CCJ will decline at least -1.14% in a week (0% probabilities). VXX(-48%) VIXM(-46%) IGOV(-25%) BNDX(-12%) SHY(-11%) |
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 | -1.14% (StdDev 2.28%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.1% |
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