CAMECO CORP (CCJ) Stock Technical Analysis
NYSE:CCJ - New York Stock Exchange, Inc. - CA13321L1085 - Common Stock - Currency: USD
We assign a technical rating of 9 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.
The long and short term trends are both positive. This is looking good!
CCJ is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. CCJ outperforms 89% of them.
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.
In the last month CCJ has a been trading in the 43.74 - 58.75 range, which is quite wide. It is currently trading near the high of this range.
CCJ has an average volume of 4071260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CCJ is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CCJ has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
36.05
59.28
When analyzing the support we can see 3 important areas.
- Support @51.17 from a horizontal line in the daily time frame.
- Support @38.46 from a trend line in the weekly time frame.
- A support zone ranging from 36.41 to 36.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CCJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCJ is up. |
| ChartMill Relative Strength | 90.51 | POSITIVE | CCJ has a high relative strength, it outperformed 90.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.71 | OVERBOUGHT | The high RSI value suggests CCJ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests CCJ has a positive trend. |
| Stochastics (14,3) | 91.66 | OVERBOUGHT | The high Stochastics value suggests CCJ may be overbought. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for CCJ suggests some volalility. |
| Average Directional Index/ADX (14) | 33.23 | POSITIVE | The high ADX value value for CCJ suggests a strong trend. |
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)
58.69
+5.88 (+11.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg11.13%
1 Week14.47%
2 Weeks15.69%
1 Month33.42%
3 Month34.98%
6 Month-2.36%
12 Month10.76%
2 Year110.81%
3 Year139.85%
5 Year439.93%
10 Year291.53%
15 Year140.14%
Volatility
ATR(14)2.06
ATR(20)%3.31%
ATR Inc112.82%
Range Today3.64
ADR(20)1.74
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.51
Mansfield1.89
10 Day High58.75
10 Day Low50.03
20 Day High58.75
20 Day Low43.74
52 Week High62.55
52 Week Low35
CS1 End51.17
CR1 StartN/A
Volume & EV
DER(3)1.44%
DER(5)1.18%
Volume13.34M
Volume Incr23.86%
Vol(5)5.13M
Vol(50)4.07M