| CNC latest price $86.9100 (-0.36%) ($86.2600 - $87.5100) on Tue. Jul. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 72 |
Latest Price | $86.9100(-0.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.5% a day on average for past five trading days. |
Weekly Trend | CNC advances 2.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(42%) DIA(38%) IWD(35%) SDY(34%) IBB(32%) |
Factors Impacting CNC price | CNC will decline at least -1.1% in a week (0% probabilities). VIXM(-20%) UUP(-11%) TBT(-6%) SHY(-5%) 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 | -1.4 () |
Intraday Trend | 0.3% |
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