| CCJ latest price $22.9600 (2.04%) ($22.6400 - $23.5100) on Mon. Jun. 27, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.89% (three month average) |
RSI | 43 |
Latest Price | $22.9600(2.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 2.1% a day on average for past five trading days. |
Weekly Trend | CCJ declines -8.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CCJ advance at 0% a week (0% probability) URA(59%) IWO(47%) DRIV(45%) IWD(45%) SPY(45%) |
Factors Impacting CCJ price | CCJ will decline at least -1.945% in a week (0% probabilities). UUP(-22%) VIXM(-19%) VXX(-11%) TLT(-9%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.945% (StdDev 3.89%) |
Hourly BBV | 1 () |
Intraday Trend | 0.6% |
| |
|
|