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.
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.
36.05
We found 3 important support areas.
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. |
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%. |
79.6
-0.32 (-0.4%)