| CNC latest price $60.3700 (9.05%) ($56.3300 - $60.6300) on Tue. Mar. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.54% (three month average) |
RSI | 41 |
Latest Price | $60.3700(9.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 2.2% a day on average for past five trading days. |
Weekly Trend | CNC declines -2.2% 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(58%) SPLV(58%) IWD(57%) IVE(56%) |
Factors Impacting CNC price | CNC will decline at least -1.77% 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 | -1.77% (StdDev 3.54%) |
Hourly BBV | 2 () |
Intraday Trend | 5.6% |
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