| CCJ latest price $10.6400 (0.85%) ($10.5000 - $10.7000) on Mon. Aug. 24, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 55 |
Latest Price | $10.6400(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 0.5% a day on average for past five trading days. |
Weekly Trend | CCJ advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support CCJ advance at 0% a week (0% probability) URA(80%) XME(49%) IWC(47%) IWM(47%) IWO(46%) |
Factors Impacting CCJ price | CCJ will decline at least -1.385% in a week (0% probabilities). VIXM(-29%) UUP(-25%) VXX(-15%) TLT(-11%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.385% (StdDev 2.77%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|