| CNC latest price $64.9400 (0%) ($63.3200 - $65.2800) on Thu. Mar. 25, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 78 |
Latest Price | $64.9400(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.4% a day on average for past five trading days. |
Weekly Trend | CNC advances 2.5% a week on average for past two weeks. |
Market Behavior | Value stock 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 -1.045% in a week (0% probabilities). VIXM(-23%) UUP(-12%) VXX(-7%) IGOV(-5%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.045% (StdDev 2.09%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.5% |
| |
|
|