| CCI latest price $115.5300 (-0.99%) ($115.3100 - $116.8100) on Fri. Jul. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.54% (three month average) |
RSI | 44 |
Latest Price | $115.5300(-0.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.3% a day on average for past five trading days. |
Weekly Trend | CCI advances 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CCI advance at 0% a week (0% probability) XLRE(70%) IVE(46%) SPY(46%) XLY(46%) GLD(44%) |
Factors Impacting CCI price | CCI will decline at least -0.77% in a week (0% probabilities). VIXM(-38%) VXX(-36%) TBT(-30%) EDOC(-11%) UNG(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.77% (StdDev 1.54%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0% |
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