| CNC latest price $58.5600 (-1.94%) ($56.3300 - $58.8300) on Fri. Mar. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 41 |
Latest Price | $58.5600(-1.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 2.1% a day on average for past five trading days. |
Weekly Trend | CNC declines -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 CNC advance at 0% a week (0% probability) XLV(62%) DIA(58%) SPLV(58%) IVE(57%) IWD(57%) |
Factors Impacting CNC price | CNC will decline at least -1.65% in a week (0% probabilities). VIXM(-34%) TLT(-19%) VXX(-15%) SHY(-7%) TIP(-4%) |
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 | -1.65% (StdDev 3.3%) |
Hourly BBV | -1 () |
Intraday Trend | 2.4% |
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