After Today’s Huge Increase, Is CANADIAN CRUDE OIL INDEX ETF’s Near-Term Analysis Positive?

 After Today's Huge Increase, Is CANADIAN CRUDE OIL INDEX ETF's Near Term Analysis Positive?

The stock of CANADIAN CRUDE OIL INDEX ETF (TSE:CCX) is a huge mover today! About 31,070 shares traded hands or 72.44% up from the average. CANADIAN CRUDE OIL INDEX ETF (TSE:CCX) has declined 0.88% since May 2, 2016 and is downtrending. It has underperformed by 6.80% the S&P500.
The move comes after 6 months positive chart setup for the $15.80M company. It was reported on Dec, 1 by Barchart.com. We have $8.81 PT which if reached, will make TSE:CCX worth $948,000 more.

More important recent CANADIAN CRUDE OIL INDEX ETF (TSE:CCX) news were published by: Theglobeandmail.com which released: “New ETF to track Canadian crude oil pricing” on May 10, 2015, also Prnewswire.com published article titled: “USCF Announces Collaboration On Canadian Crude Oil ETF With Auspice Capital …”, Business.Financialpost.com published: “Shedding light on domestic oil prices: New ETF will track Western Canadian …” on May 04, 2015. More interesting news about CANADIAN CRUDE OIL INDEX ETF (TSE:CCX) was released by: Business.Financialpost.com and their article: “Take two: Is investing in commodities worth the effort and hand-wringing?” with publication date: April 18, 2016.

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