| CCI latest price $194.9100 (-0.2%) ($193.8000 - $195.3600) on Thu. Jun. 3, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.16% (three month average) |
RSI | 93 |
Latest Price | $194.9100(-0.2%) |
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 2.9% a week on average for past two weeks. |
Market Behavior | Growth stock 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) SPLV(64%) XLRE(59%) SDY(55%) IVE(52%) IWD(52%) |
Factors Impacting CCI price | CCI will decline at least -0.58% in a week (0% probabilities). VIXM(-33%) UUP(-25%) TBT(-14%) VXX(-10%) IGOV(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.58% (StdDev 1.16%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.1% |
| |
|
|