| CNC latest price $90.1600 (-1.3%) ($88.9000 - $91.3000) on Wed. Jul. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 64 |
Latest Price | $90.1600(-1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 1.1% a day on average for past five trading days. |
Weekly Trend | CNC advances 2.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(42%) DIA(39%) IWD(36%) SDY(35%) IBB(33%) |
Factors Impacting CNC price | CNC will decline at least -1.115% in a week (0% probabilities). VIXM(-20%) UUP(-11%) TBT(-7%) 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 | -1.115% (StdDev 2.23%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0.9% |
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