| CNC latest price $93.3200 (0.29%) ($92.9500 - $94.0450) on Mon. Aug. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 61 |
Latest Price | $93.3200(0.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.2% a day on average for past five trading days. |
Weekly Trend | CNC advances 1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(41%) DIA(38%) IWD(35%) SDY(34%) IBB(33%) |
Factors Impacting CNC price | CNC will decline at least -1.005% in a week (0% probabilities). VIXM(-19%) UUP(-10%) TBT(-8%) 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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.1% |
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