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: Caution.
🟡
Caution
Positives: 50-day MA is rising (+0.10% over 10 days); RSI 46 — healthy momentum range; strong 1-year return of +52.6%. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 3-month momentum negative (-8.5%). Currently 25.4% off its 52-week high. Score: -1/7.
CCJ is trading below its 200-day MA ($102.37) — a key warning sign the longer-term trend is under pressure. An RSI of 46.4 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +52.6% compares to +22.9% for SPY (beat the market by 29.8%). The current 25.4% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.
$10,000 invested 1 year ago→ $15,265 today
vs. S&P 500 (SPY) — same period beat market by 29.8%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✗Above 200-day MA ($102.37)
✗Above 50-day MA ($113.55)
✓RSI(14) neutral zone (30–70) — currently 46.4
✓Positive return (+52.6%)
!Within 10% of period high (−25.4%)
Period Range $100.96
$64.84$135.24
RSI (14) 46.4
0 · OversoldOverbought · 100
Key Metrics
Price$100.96
Period Return+52.6%
Period High$135.24
Period Low$64.84
Drawdown−25.4%
MA-50$113.55
MA-200$102.37
RSI (14)46.4
Avg Volume (30d)3.4M
vs. SPYbeat by 29.8%
Return Rank#337 of 1246
Trend Signals
Price is below the 200-day moving average ($102.37)
Price is below the 50-day moving average ($113.55)