| CNC latest price $80.0000 (2.81%) ($78.4100 - $80.4800) on Mon. Oct. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 26 |
Latest Price | $80.0000(2.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.6% a day on average for past five trading days. |
Weekly Trend | CNC declines -4.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(40%) DIA(35%) IWD(32%) SDY(31%) IBB(30%) |
Factors Impacting CNC price | CNC will decline at least -0.94% in a week (0% probabilities). VIXM(-16%) EDOC(-11%) UUP(-10%) TBT(-10%) SHY(-7%) |
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 | -0.94% (StdDev 1.88%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2% |
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