Here’s whether Cameco Corporation (CCJ) is worth buying in 2026 —
based on weekly-updated price trend, RSI momentum, and return vs.
the S&P 500. Our current read: Bearish.
🔴
Bearish
Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-5.57% over 10 days); 3-month momentum negative (-28.1%); rising volume on a downtrend (distribution, 1.29x avg). Currently 35.0% off its 52-week high. Score: -5/7.
CCJ is trading below its 200-day MA ($104.59) — a key warning sign the longer-term trend is under pressure. An RSI of 31.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +9.9% compares to +16.5% for SPY (trailed the market by 6.5%). The current 35.0% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.
$10,000 invested 1 year ago→ $10,993 today
vs. S&P 500 (SPY) — same period trailed market by 6.5%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✗Above 200-day MA ($104.59)
✗Above 50-day MA ($101.75)
✓RSI(14) neutral zone (30–70) — currently 31.5
✓Positive return (+9.9%)
!Within 10% of period high (−35.0%)
Period Range $87.86
$68.96$135.24
RSI (14) 31.5
0 · OversoldOverbought · 100
Key Metrics
Price$87.86
Period Return+9.9%
Period High$135.24
Period Low$68.96
Drawdown−35.0%
MA-50$101.75
MA-200$104.59
RSI (14)31.5
Avg Volume (30d)3.5M
vs. SPYtrailed by 6.5%
Return Rank#441 of 999
Trend Signals
Price is below the 200-day moving average ($104.59)
Price is below the 50-day moving average ($101.75)