| CCJ latest price $38.9300 (2.07%) ($38.3000 - $39.4500) on Wed. Sep. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 80 |
Latest Price | $38.9300(2.07%) |
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 2.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CCJ advance at 0% a week (0% probability) LIT(72%) REMX(70%) FXI(69%) TAN(61%) XME(60%) |
Factors Impacting CCJ price | CCJ will decline at least -0.875% in a week (0% probabilities). XBI(-87%) ARKK(-53%) BWX(-27%) ARKG(-27%) JETS(-26%) |
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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.2% |
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