| CNC latest price $78.4500 (4.78%) ($76.4100 - $79.7400) on Fri. Dec. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 63 |
Latest Price | $78.4500(4.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 2% a day on average for past five trading days. |
Weekly Trend | CNC advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(47%) XLV(45%) DIA(43%) IWD(42%) 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(-3%) 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 | 1.3 () |
Intraday Trend | 1.4% |
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