CAMECO CORP (CCJ) Stock Technical Analysis
USA - NYSE:CCJ - CA13321L1085 - Common Stock
78.11 USD
-1.78 (-2.23%)
78.46 USD
+0.35 (+0.45%)
Overall CCJ gets a technical rating of 10 out of 10. 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!
Looking at the yearly performance, CCJ did better than 92% of all other stocks. We also observe that the gains produced by CCJ over the past year are nicely spread over this period.
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.
CCJ has an average volume of 4270500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CCJ has a been trading in the 68.96 - 83.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 a support zone below the current price at 77.42, a Stop Loss order could be placed below this zone.
More info and screens
36.59
80.72
When analyzing the support we can see 4 important areas.
- A support zone ranging from 76.13 to 77.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @74.91 from a horizontal line in the weekly time frame.
- A support zone ranging from 70.47 to 70.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @36.96 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 79.60 to 79.92. 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 | 92.26 | POSITIVE | CCJ has a high relative strength, it outperformed 92.26% 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) | 54.63 | NEUTRAL | The RSI value for CCJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests CCJ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.75 | NEUTRAL | The Stochastics value for CCJ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for CCJ suggests some volalility. |
| Average Directional Index/ADX (14) | 19.93 | NEGATIVE | The low ADX value for CCJ suggests a weak or negative 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 |
|---|---|---|---|
| 79.93 | 76.12 | 3.81 (4.77%) | 20.98% |
| An entry @79.93. This is a Buy Stop order right above the resistance zone. | An exit @76.12. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.81 points, which is 4.77%. | When investing 20.98% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
78.11
-1.78 (-2.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.23%
1 Week2.98%
2 Weeks-0.66%
1 Month3.39%
3 Month17.18%
6 Month83.92%
12 Month93.68%
2 Year97.05%
3 Year194.64%
5 Year673.37%
10 Year541.82%
15 Year181.68%
Volatility
ATR(14)3.04
ATR(20)%3.88%
ATR Inc-16.98%
Range Today2.22
ADR(20)2.79
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.26
Mansfield2.5
10 Day High83.02
10 Day Low73.2
20 Day High83.02
20 Day Low68.96
52 Week High83.02
52 Week Low35
CS1 End77.42
CR1 Start79.6
Volume & EV
DER(3)-0.77%
DER(5)-0.33%
Volume3.65M
Volume Incr-3.59%
Vol(5)3.64M
Vol(50)4.27M