CAMECO CORP (CCJ)

CA13321L1085 - Common Stock

48.1  -0.07 (-0.15%)

After market: 48.1 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CCJ. Both in the recent history as in the last year, CCJ has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CCJ is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by CCJ over the past year are nicely spread over this period.
CCJ is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 91% of 213 stocks in the same industry.
CCJ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CCJ is performing more or less in line with the market.
CCJ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CCJ has an average volume of 4882530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
CCJ Weekly chart
CCJ Daily chart
Setup Rating and Analysis

6

CCJ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

40.18

51.08

3 important support areas can be observed.

  • A support zone ranging from 48.09 to 48.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @42.88 from a trend line in the weekly time frame.
  • Support @40.59 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 49.92 to 50.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.18
Mansfield1.53
10 Day High52.64
10 Day Low46.27
20 Day High52.64
20 Day Low41.32
52 Week High52.64
52 Week Low25.35
Performance
1 Week-3%
2 Weeks-2.26%
1 Month12.8%
3 Month2.36%
6 Month25.95%
12 Month88.7%
2 Year86.36%
3 Year186.14%
5 Year335.69%
10 Year125.93%
15 Year111.06%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.12
RSI(14)57.09
LBB47.15
UBB50.3
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
50.5848.152.43 (4.80%)20.81%
An entry @50.58. This is a Buy Stop order right above the resistance zone.An exit @48.15. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.43 points, which is 4.80%.For a 1.00% total portfolio risk, you can invest 20.81% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of CCJ. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CCJ Daily chart

CAMECO CORP

NYSE:CCJ (4/19/2024, 3:46:10 PM)

After market: 48.1 0 (0%)

48.1

-0.07 (-0.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.15%
1 Week-3%
2 Weeks-2.26%
1 Month12.8%
3 Month2.36%
6 Month25.95%
12 Month88.7%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.24
ATR(20)%4.35%
ATR Inc
Range Today1.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High52.64
10 Day Low46.27
20 Day High52.64
20 Day Low41.32
52 Week High52.64
52 Week Low25.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.20M
Volume Incr-26.87%
Vol(5)3.32M
Vol(50)4.88M