Should I Buy Cameco Corp Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. CCJ has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.
CCJ stock price ended at $58.69 on Friday, after rising 11.13%
The Cameco Corp stock price increased by 11.13% on the last trading day (23 May 2025), rising from 56.065 to 58.69. Throughout the last trading session, the stock experienced a fluctuation of 6.60% , ranging from a day low of $55.11 to a day high of 58.75. The price has declined in 4 of the last 10 days, resulting in a total change of 15.69% during this period. On the last day, trading volume decrease by 10.17M shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 13.34M shares were traded, amounting to approximately 769.50M.
CCJ Technical Signals
CCJ(Cameco Corp Corp) has 4 buy signals and 5 sell signals now. The current trend is uptrend starting from 2025-04-07. The total price change during this trend is +57.94%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of CCJ over the last 5 trading days is 284.81M. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.
CCJ Moving Average Analysis
Cameco Corp's overall moving average trend leans more bullish as of Saturday, May 24, 2025, with 1 negative signals and 3 positive signal. In the mid-term, the SMA_20 being above the SMA_60 signals a strong bullish trend. There will be some resistance from the lines at $59.199162933333334, and $62.529133333333334. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $48.42470373333334, and $45.09473333333334. A break-down below any of these levels will issue sell signals.
CCJ Short Selling Analysis
The short sale ratio of Cameco Corp(CCJ) as of 16 May 2025 is 12.02%, dropping from last trading day. With decreasing price from 51.59 to 51.27. The short sell activity indicate that short sellers may be anticipating price hit a bottom.
Technical Signal
Technical Signals Summary
Sell
5
Buy
4
Moving Average
Swing
PositiveStock Price Above SMA_5
Short Term
PositiveSMA_5 Above SMA_20
Mid Term
PositiveSMA_20 Above SMA_60
Long Term
NegativeSMA_60 Below SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
4 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
7.069
Bullish
Momentum (10 days)
MOM_10 > 0
7.96
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
2.902
Bullish
Closing price
close > fibonacci_R1
58.69
Bullish
5 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 > 70
79.709
Bearish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 > 80
91.661
Bearish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
187.119
Bearish
Williams %R (14 days)
WILLR_14 > -20
-0.45
Bearish
Ultimate Oscillator (7, 14, 28)
UO_7_14_28 > 70
70.763
Bearish
CCJ Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to Cameco Corp(CCJ), our algorithm predicts CCJ's 1-month price at $45.91, with an -10.46%downwardshift. Using a similarity score up to 99.00%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for Cameco Corp (CCJ.N) stock, as of Sunday, May 18, 2025 , forecasts a -10.46% change over the next month, based on its high correlation with SNX.N stock patterns. The similarity between their price movements over the analyzed periods is 99%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
CCJ
No Data
SNX
Down: -10.46%Similarity: 99%
Name
Similarity
Up/Down
SNX.N
99.00%
-10.46%
VYX.N
98.88%
-1.57%
UPS.N
98.86%
-15.78%
BTU.N
98.77%
+2.30%
FNV.N
98.72%
+6.56%
BMI.N
98.70%
-1.78%
TRS.O
98.69%
-5.41%
KKR.N
98.64%
+9.27%
TDW.N
98.64%
-18.00%
MAGN.N
98.62%
-26.15%
CCJ Seasonality Analysis
Based on CCJ's historical stock price data across all years, the probability of a positive return in May is45.45%, suggesting it maynotbe an ideal month to invest in CCJ. In contrast,Novemberoffers the highest probability of positive returns at80.00%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying Cameco Corp (CCJ.N) stock in November has the highest probability of a positive return (80.00%), while June has the lowest probability (30.00%).
Performance Seasonality
The chart shows Cameco Corp. (CCJ)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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FAQ
Should I buy Cameco Corp (CCJ.N) stock?
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