| CNC latest price $67.1700 (-5.15%) ($65.1500 - $70.0300) on Tue. Apr. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.53% (three month average) |
RSI | 66 |
Latest Price | $67.1700(-5.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.3% a day on average for past five trading days. |
Weekly Trend | CNC advances 3.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(48%) DIA(43%) IWD(43%) SPLV(43%) IVE(42%) |
Factors Impacting CNC price | CNC will decline at least -2.765% in a week (0% probabilities). VIXM(-27%) UUP(-13%) 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 | -2.765% (StdDev 5.53%) |
Hourly BBV | -1.3 () |
Intraday Trend | -4.1% |
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