| CNC latest price $66.0700 (6.62%) ($63.1200 - $66.3400) on Wed. Feb. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 55 |
Latest Price | $66.0700(6.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.3% a day on average for past five trading days. |
Weekly Trend | CNC declines -1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(62%) DIA(59%) IVE(57%) IWD(57%) SPLV(57%) |
Factors Impacting CNC price | CNC will decline at least -1.035% in a week (0% probabilities). VIXM(-35%) TLT(-20%) VXX(-16%) SHY(-8%) IGOV(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.035% (StdDev 2.07%) |
Hourly BBV | 1.6 () |
Intraday Trend | 4.2% |
| |
|
|