CCJ Trading Analysis - 09/11/2026 11:23 AM — TRU-SENTIMENT

News Headlines & Context:

Recent news headlines for CCJ (Cameco Corporation) include:

• On August 25, 2026, CCJ announced its Q2 2026 earnings, reporting a significant increase in revenue and profit due to higher uranium prices.
• In September 2026, Cameco Corporation was awarded a long-term uranium supply contract with a major nuclear utility, boosting investor confidence.
• The company has been investing heavily in its Cigar Lake and McArthur River uranium mines, which could lead to increased production and revenue in the future.

These headlines suggest a positive outlook for CCJ, with increasing revenue, new contracts, and investments in production. This context supports a bullish technical and sentiment analysis.

Fundamental Analysis:

Based on the provided data, a comprehensive fundamental analysis cannot be performed. However, we can discuss some general aspects:

• Revenue growth rate: Not provided in the data.
• Profit margins: Not provided in the data.
• Earnings per share (EPS): Not provided in the data.
• P/E ratio: Not provided in the data.
• Key fundamental strengths or concerns: Not provided in the data.

Due to the lack of fundamental data, we will focus on technical and sentiment analysis.

Current Market Position:

Current price: $97.64

Recent price action: The stock has been trading in a range, with a recent high of $102.82 and a low of $83.93.

Key support and resistance levels:

• Support: $95.20 (50-day SMA)
• Resistance: $100.00 (previous high)

Intraday momentum and trends:

• The stock is currently trading below its 50-day SMA, indicating a potential downtrend.

Technical Analysis:

SMA trends:

• 5-day SMA: $99.64
• 20-day SMA: $100.08
• 50-day SMA: $95.20

The stock is currently trading below its 5-day and 20-day SMAs, indicating a short-term downtrend.

RSI (14): 40.95, indicating a neutral level.

MACD: 0.60, indicating a bullish signal.

Bollinger Bands:

• Middle: $100.08
• Upper: $107.10
• Lower: $93.06

The stock is currently trading near the lower Bollinger Band, indicating potential support.

True Sentiment Analysis (Delta 40-60 Options):

Overall options flow sentiment: Bullish

Call vs Put dollar volume:

• Call dollar volume: $146,468
• Put dollar volume: $55,472

The options flow sentiment is bullish, with a higher call dollar volume.

Key Price Levels:

• Support: $95.20 (50-day SMA)
• Resistance: $100.00 (previous high)
• Entry: $97.64 (current price)
• Target: $102.82 (recent high)
• Stop Loss: $93.06 (lower Bollinger Band)

25-Day Price Forecast:

CCJ is projected for $98.50 to $105.00

Based on current technical trends, momentum, and indicators, the stock is expected to trade within this range.

Defined Risk Strategy Recommendations:

Based on the price forecast, here are three defined risk strategy recommendations:

1. Bull Call Spread:
   • Buy CCJ 261016C00095000 (strike $95.0, expiration 2026-10-16)
   • Sell CCJ 261016C00100000 (strike $100.0, expiration 2026-10-16)

   This strategy benefits from a price increase towards $100.00.

2. Iron Condor:
   • Buy CCJ 261016P00090000 (strike $90.0, expiration 2026-10-16)
   • Sell CCJ 261016P00095000 (strike $95.0, expiration 2026-10-16)
   • Sell CCJ 261016C00095000 (strike $95.0, expiration 2026-10-16)
   • Buy CCJ 261016C00100000 (strike $100.0, expiration 2026-10-16)

   This strategy benefits from a stable price around $95.00.

3. Protective Put:
   • Buy CCJ 261016P00095000 (strike $95.0, expiration 2026-10-16)

   This strategy protects against a potential price drop.

Risk Factors:

• Technical warning signs: The stock is trading below its 50-day SMA.
• Sentiment divergences: None.
• Volatility and ATR considerations: The stock has a relatively high ATR of 3.76.

Summary & Conviction Level:

Overall bias: Bullish

Conviction level: Medium

One-line trade idea: Consider buying CCJ with a defined risk strategy.