| CNC latest price $59.3500 (0.08%) ($58.7400 - $59.7870) on Wed. Feb. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 44 |
Latest Price | $59.3500(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.3% a day on average for past five trading days. |
Weekly Trend | CNC declines -0.8% 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(42%) SPLV(41%) DIA(40%) IWD(39%) IVE(37%) |
Factors Impacting CNC price | CNC will decline at least -1.125% in a week (0% probabilities). VIXM(-23%) UUP(-11%) VXX(-8%) IGOV(-5%) TLT(-1%) |
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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.5% |
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