| CCJ latest price $35.9600 (-0.66%) ($35.8300 - $36.4800) on Wed. Aug. 23, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 71 |
Latest Price | $35.9600(-0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 1.1% 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 | 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(88%) REMX(51%) UNG(46%) LIT(44%) OIH(44%) |
Factors Impacting CCJ price | CCJ will decline at least -1.13% in a week (0% probabilities). VXX(-34%) VIXM(-34%) IGOV(-34%) XBI(-25%) EDOC(-33%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.13% (StdDev 2.26%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0.1% |
| |
|
|