| CNC latest price $60.1200 (10.11%) ($56.3700 - $60.6200) on Mon. Apr. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.33% (three month average) |
RSI | 52 |
Latest Price | $60.1200(10.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.8% a day on average for past five trading days. |
Weekly Trend | CNC advances 5.4% 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(51%) DIA(46%) SPLV(45%) IVE(44%) IWD(44%) |
Factors Impacting CNC price | CNC will decline at least -2.665% in a week (0% probabilities). VIXM(-27%) UUP(-12%) VXX(-10%) TLT(-8%) SHY(-2%) |
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 | -2.665% (StdDev 5.33%) |
Hourly BBV | 1.8 () |
Intraday Trend | 5.5% |
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