RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CCJI.L
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CC Japan Income & Growth Trust plc stock price down 1.96% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 19, 2024 Gain 12.04% PDF

The CC Japan Income & Growth Trust plc stock price fell by -1.96% on the last day (Wednesday, 27th Mar 2024) from £204.00 to £200.00. During the last trading day the stock fluctuated 3.00% from a day low at £200.00 to a day high of £206.00. The price has been going up and down for this period, and there has been a 1.27% gain for the last 2 weeks. Volume has increased on the last day by 124 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 328 thousand shares were bought and sold for approximately £65.61 million.

The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £196.95 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 16.75% during the next 3 months and, with a 90% probability hold a price between £229.94 and £247.84 at the end of this 3-month period.

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CCJI.L Signals & Forecast

A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -2.91%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. The CC Japan Income & Growth Trust plc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately £201.29. On a fall, the stock will find some support from the long-term average at approximately £196.36. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.

Support, Risk & Stop-loss for CC Japan Income & Growth Trust plc stock

CC Japan Income & Growth Trust plc finds support from accumulated volume at £199.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £6.00 between high and low, or 3.00%. For the last week the stock has had daily average volatility of 2.74%.

Our recommended stop-loss: £193.10 (-3.45%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (CCJI.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect CC Japan Income & Growth Trust plc to open at £202.00, and during the day (based on 14 day Average True Range), to move between £195.29 and £204.71, which gives a possible trading interval of +/-£4.71 (+/-2.36%) up or down from last closing price. If CC Japan Income & Growth Trust plc takes out the full calculated possible swing range there will be an estimated 4.71% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £201.00 (0.50%) than the support at £199.00 (0.50%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is CC Japan Income & Growth Trust plc stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 1.274 Buy Candidate Unchanged

Predicted Opening Price for CC Japan Income & Growth Trust plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£202.00 ( 1.00%) £200.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CCJI.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 208.00 4.00 %
R2 205.71 2.85 %
R1 204.29 2.15 %
Current price: 200.00
Support S1 199.71 -0.146 %
S2 198.29 -0.85 %
S3 196.00 -2.00 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 205.00 2.50 %
R2 202.00 1.00 %
R1 201.00 0.500 %
Current price 200.00
Support S1 199.00 -0.500%
S2 181.00 -9.50%
S3 179.00 -10.50%

CCJI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 01, 2024 Feb 01, 2024 Mar 01, 2024 £3.75 1.86%
2 Jul 06, 2023 Jul 06, 2023 Jul 06, 2023 £1.55 0.97%
3 Jan 20, 2023 Feb 02, 2023 Mar 03, 2023 £3.50 2.20%
4 Jun 28, 2022 Jul 07, 2022 Aug 05, 2022 £1.40 0.93%
5 Feb 08, 2022 Feb 17, 2022 Mar 18, 2022 £3.35 2.18%

FAQ

What is the symbol for CC Japan Income & Growth Trust plc Stock and on which exchange is it traded?
The symbol for CC Japan Income & Growth Trust plc is CCJI.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell CC Japan Income & Growth Trust plc Stock?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

How to buy CC Japan Income & Growth Trust plc Stock?
CC Japan Income & Growth Trust plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy CC Japan Income & Growth Trust plc Stock.

What's the current price of CC Japan Income & Growth Trust plc Stock?
As of the end of day on the 2024-03-27, the price of an CC Japan Income & Growth Trust plc (CCJI.L) share was £200.00.

What is the 52-week high and low for CC Japan Income & Growth Trust plc Stock?
The 52-week high for CC Japan Income & Growth Trust plc Stock is £206.00 and the 52-week low is £146.00.

What is the market capitalization of CC Japan Income & Growth Trust plc Stock?
As of the 2024-03-27, the market capitalization of CC Japan Income & Growth Trust plc is 279.337M.

When is the next earnings date for CC Japan Income & Growth Trust plc?
The upcoming earnings date for CC Japan Income & Growth Trust plc is Jun 18, 2024.
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About CC Japan Income & Growth Trust plc

CC Japan Income & Growth Trust plc is an equity mutual fund launched and managed by Coupland Cardiff Asset Management LLP. It invests in the equity markets of Japan. The fund invests in stocks of companies operating across the diversified sectors. CC Japan Income & Growth Trust plc was formed in 2013 and is domiciled in the United Kingdom.... CCJI.L Profile

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