CCJ technical analysis

CCJ Technical Analysis

Analysis date

July 17, 2026

Market

NYSE (USD)

Daily cutoff

July 16, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

CCJ Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
CCJ
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 16, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)55.82July 16, 2026-Verified
Finviz (independent)55.82July 16, 2026 (previous close)0.00%Verified

Bottom line

CCJ Technical Analysis Summary

CCJ (Cameco) continues to trade within a well-defined uptrend that has been in place since the uranium market recovery cycle began. On the daily chart, price at 55.82 sits above SMA20 (53.44), SMA50 (51.89), and SMA200 (47.32), confirming a bullish alignment of moving averages. RSI14 at 56.41 indicates positive momentum without overbought conditions, leaving room for further upside. The daily MACD shows the MACD line at 0.85 above the signal line at 0.62 with a positive histogram of 0.23, supporting the constructive near-term view. The weekly timeframe reinforces the bullish picture with price above all major SMAs and RSI at 58.73. Key resistance is at the 52-week high of 59.47, with secondary resistance at 58.00. Support levels sit at 53.44 (SMA20), 51.89 (SMA50), and 47.32 (SMA200). The uranium macro backdrop — supply deficits, nuclear reactor restarts in Japan, and growing demand from AI-driven energy consumption — continues to provide fundamental tailwinds that support the technical structure.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 16, 2026)

Trend
Bullish. Price at 55.82 is above SMA20 (53.44, +4.45%), SMA50 (51.89, +7.57%), and SMA200 (47.32, +17.96%). All three major SMAs are sloping upward, confirming a well-established uptrend. The price has been making higher highs and higher lows since the October 2025 low near 40.00.
Momentum
Bullish with room to run. RSI14 at 56.41 is above the 50 midline but below 70, indicating constructive momentum without overbought conditions. MACD line at 0.85 is above the signal line at 0.62, and the histogram at 0.23 is positive and expanding slightly, confirming gradual acceleration in upward momentum.
Volatility
Moderate. ATR14 at 1.32 (2.36% of price) reflects typical daily swings for a mid-cap commodity-linked stock. Bollinger Bands (51.36 to 58.20) show price trading within the middle-to-upper range, consistent with an uptrending market. Band width is normal, suggesting no unusual volatility expansion.
Volume
Near average. Latest volume of 5,234,500 is 92.1% of the 20-period average (5,682,400), indicating normal participation levels. Volume spikes on up days provide confirmation of institutional interest in the uranium thesis.

Assessment

The daily chart presents a cleanly bullish picture with price above all key moving averages in proper alignment. The 52-week position at 75.8% reflects the stock trading in the upper half of its annual range, which is consistent with an uptrend but also means the entry is not at distressed levels. Volume is supportive without being excessive. Momentum indicators are positive without flashing overbought warnings, which leaves room for further upside. The primary risk is that the stock is extended from SMA200 by 18%, making a pullback to test support a normal and healthy development.

Weekly (July 13, 2026 week)

Trend
Bullish. Price at 55.30 is above SMA20 (50.12), SMA50 (47.04), and SMA200 (39.83). All weekly SMAs are sloping upward with increasing steepness, reflecting a multi-year uptrend that has accelerated over the past 12 months. The trend is supported by the uranium bull market thesis.
Momentum
Bullish. RSI14 at 58.73 is above the 50 midline, indicating positive weekly momentum without extreme readings. MACD line at 2.15 is well above the signal line at 1.48, with the histogram at 0.67 positive and expanding. The weekly MACD has been consistently bullish since the 2023 golden cross.
Volatility
Moderate. ATR14 at 1.89 (3.42% of price) reflects normal weekly ranges for a commodity-linked equity. Bollinger Bands (44.51 to 58.32) show the stock trading near the upper band, consistent with the uptrend. Band width is stable.
Volume
Above average. Weekly volume of 26,847,300 is 114.7% of the 20-week average (23,393,100), indicating above-normal participation. Sustained volume above average during the uptrend provides confidence in trend durability.

Assessment

The weekly chart strongly supports the bullish case. Price is well above all major SMAs in a textbook bull market configuration. The 52-week position of 72.1% reflects a strong but not exhausted trend. The weekly MACD shows sustained bullish momentum without divergence. The uranium bull market — driven by supply deficits, nuclear renaissance sentiment, and AI energy demand — provides a fundamental narrative consistent with the technical setup. The main caveat is that the stock has rallied significantly from the 2023-2025 lows, and the position within the 52-week range suggests that a pullback toward the SMA20 (50.12) or SMA50 (47.04) would be a normal correction in an otherwise healthy uptrend.

Key indicators

CCJ Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)56.4158.73
MACD (12, 26, 9)0.85 / 0.62 / 0.232.15 / 1.48 / 0.67
ATR (14)1.32 (2.36%)1.89 (3.42%)
Bollinger Bands (20, 2)51.36 - 58.2044.51 - 58.32
SMA (20)53.4450.12
SMA (50)51.8947.04
SMA (200)47.3239.83

Price structure

CCJ Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price55.8255.30
1-Period Return+0.85%+0.53%
5-Period Return+2.61%+3.17%
20-Period Return+8.14%+12.60%
60-Period Return+15.42%+24.83%
252-Period Return+38.45%+42.16%
52-Week Low38.2638.26
52-Week High59.4759.47
52-Week Position75.80%72.10%

Key levels

CCJ Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High57.8259.47
20-Period Low52.9152.60
60-Period High59.4759.47
60-Period Low49.3642.15

Scenarios

CCJ Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above the 52-week high at 59.47 on above-average volume, confirming trend continuation toward the 62.00-65.00 zone.

Invalidation

Price falls below SMA20 (53.44) on the daily chart and establishes a lower high below 59.47.

What to watch

Daily RSI holding above 55; MACD histogram continuing to expand; weekly RSI above 55 sustained; uranium spot price remaining above $85/lb; volume confirming breakout attempts.

Range-Bound

Trigger

Price oscillates between SMA20 support (53.44) and the 52-week high resistance (59.47) with decreasing momentum.

Invalidation

A decisive break above 59.47 or below SMA50 (51.89) with increasing volume.

What to watch

RSI staying between 50 and 60; MACD histogram flattening near zero; volume receding; uranium news flow for catalyst.

Bearish

Trigger

Price breaks below SMA50 (51.89) on elevated volume, potentially triggered by a downturn in uranium prices or broader market risk-off event.

Invalidation

Price reclaims and holds above SMA20 (53.44) and establishes a higher low above 51.89.

What to watch

Daily RSI falling below 50; MACD histogram turning negative; volume increasing on down days; weekly MACD crossing back below the signal line; uranium term contract pricing.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 16, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 13, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 16, 2026, weekly July 13, 2026 week. Generated July 17, 2026.