| CNC latest price $68.8200 (1.31%) ($68.6800 - $71.0900) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 56 |
Latest Price | $68.8200(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 2% a day on average for past five trading days. |
Weekly Trend | CNC advances 0.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(42%) DIA(40%) IWD(40%) SPLV(40%) IVE(39%) |
Factors Impacting CNC price | CNC will decline at least -1.22% in a week (0% probabilities). VIXM(-24%) UUP(-12%) VXX(-8%) TLT(-4%) EDOC(-3%) |
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 | -1.22% (StdDev 2.44%) |
Hourly BBV | 0.9 () |
Intraday Trend | -1.7% |
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