| CNC latest price $84.9400 (0.72%) ($83.8920 - $85.7100) on Wed. Jun. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 53 |
Latest Price | $84.9400(0.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.7% a day on average for past five trading days. |
Weekly Trend | CNC advances 3.6% a week on average for past two weeks. |
Market Behavior | Normal 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(43%) DIA(38%) IWD(36%) SDY(35%) IBB(34%) |
Factors Impacting CNC price | CNC will decline at least -1.1% in a week (0% probabilities). VIXM(-20%) UUP(-11%) TBT(-5%) SHY(-4%) VXX(-3%) |
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 | -1.1% (StdDev 2.2%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0.5% |
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