| CCJ latest price $25.8800 (2.25%) ($25.4000 - $26.2000) on Wed. Mar. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 45 |
Latest Price | $25.8800(2.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCJ advances 1.1% a day on average for past five trading days. |
Weekly Trend | CCJ declines -1% 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(49%) ARKK(40%) ARKG(38%) BOTZ(37%) ACES(34%) |
Factors Impacting CCJ price | CCJ will decline at least -1.125% in a week (0% probabilities). SHY(-18%) VXX(-11%) SMH(-11%) UUP(-10%) UNG(-9%) |
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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.5% |
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