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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CCJ is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
CCJ is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. CCJ outperforms 96% of them.
CCJ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CCJ has a been trading in the 69.32 - 80.06 range, which is quite wide. It is currently trading near the high of this range.
CCJ has an average volume of 5764840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CCJ did better than 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, CCJ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for CCJ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
36.05
80.40
We found 3 important support areas.
- A support zone ranging from 77.06 to 77.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @70.82 from a horizontal line in the daily time frame.
- Support @36.41 from a horizontal line in the weekly time frame.
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 | 95.43 | POSITIVE | CCJ has a high relative strength, it outperformed 95.43% 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) | 68.78 | NEUTRAL | The RSI value for CCJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CCJ has a negative trend. |
| Stochastics (14,3) | 95.34 | OVERBOUGHT | The high Stochastics value suggests CCJ may be overbought. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for CCJ suggests some volalility. |
| Average Directional Index/ADX (14) | 51.28 | 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 80.07 | 77.05 | 3.02 (3.77%) | 25.00% |
| An entry @80.07. This is a Buy Stop order right above the 10 day high. | An exit @77.05. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.02 points, which is 3.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
- 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.
79.6
-0.32 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.4%
1 Week0.8%
2 Weeks9.49%
1 Month6.9%
3 Month80.95%
6 Month42.14%
12 Month76.15%
2 Year126.39%
3 Year208.89%
5 Year683.47%
10 Year479.75%
15 Year212.28%
Volatility
ATR(14)2.7
ATR(20)%3.34%
ATR Inc-40.83%
Range Today2.21
ADR(20)2.64
ADR(20)%3.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.43
Mansfield4.05
10 Day High80.06
10 Day Low72
20 Day High80.06
20 Day Low69.32
52 Week High80.06
52 Week Low35
CS1 End77.77
CR1 StartN/A
Volume & EV
DER(3)4.24%
DER(5)2.71%
Volume3.51M
Volume Incr-16.01%
Vol(5)4.51M
Vol(50)5.76M