| CNC latest price $58.3300 (4.42%) ($56.2100 - $58.8850) on Wed. Sep. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 54 |
Latest Price | $58.3300(4.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 1.2% a day on average for past five trading days. |
Weekly Trend | CNC declines -1.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(44%) DIA(41%) IWD(41%) IVE(40%) SDY(40%) |
Factors Impacting CNC price | CNC will decline at least -1.085% in a week (0% probabilities). VIXM(-24%) UUP(-13%) VXX(-8%) TLT(-5%) IGOV(-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 | -1.085% (StdDev 2.17%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.7% |
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