| CNC latest price $83.0000 (-0.4%) ($82.8500 - $84.7500) on Thu. Dec. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 71 |
Latest Price | $83.0000(-0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 2.1% a day on average for past five trading days. |
Weekly Trend | CNC advances 6.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based 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(39%) |
Factors Impacting CNC price | CNC will decline at least -1.025% in a week (0% probabilities). VIXM(-28%) 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 | -1.025% (StdDev 2.05%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.8% |
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