| CCJ latest price $13.5000 (-1.1%) ($13.2850 - $13.7400) on Tue. Dec. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 65 |
Latest Price | $13.5000(-1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 0.4% a day on average for past five trading days. |
Weekly Trend | CCJ advances 3.3% a week on average for past two weeks. |
Market Behavior | Normal 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(80%) XME(51%) IWC(48%) IWM(47%) IWO(47%) |
Factors Impacting CCJ price | CCJ will decline at least -1.5% in a week (0% probabilities). VIXM(-30%) UUP(-25%) VXX(-15%) TLT(-10%) SHY(-1%) |
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 | -1.5% (StdDev 3%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
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