| CNC latest price $73.4000 (2.27%) ($71.8900 - $73.7100) on Tue. Dec. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 45 |
Latest Price | $73.4000(2.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.6% a day on average for past five trading days. |
Weekly Trend | CNC declines -2.2% 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) SPLV(48%) XLV(45%) DIA(44%) IWD(43%) IVE(40%) |
Factors Impacting CNC price | CNC will decline at least -1.06% in a week (0% probabilities). VIXM(-29%) UUP(-16%) VXX(-7%) TBT(-2%) SHY(-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 | -1.06% (StdDev 2.12%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.6% |
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