| CCI latest price $90.9394 (2.28%) ($89.1460 - $91.7374) on Wed. May. 17, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.72% (three month average) |
RSI | 65 |
Latest Price | $90.9394(2.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.7% a day on average for past five trading days. |
Weekly Trend | CCI advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CCI advance at 0% a week (0% probability) XLRE(72%) SPLV(67%) XLU(59%) SPY(56%) SDY(55%) |
Factors Impacting CCI price | CCI will decline at least -0.36% in a week (0% probabilities). UUP(-14%) VIXM(-11%) DIA(-10%) XHB(-8%) GDXJ(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.36% (StdDev 0.72%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
| |
|
|