| CNC latest price $84.8000 (1.4%) ($83.6700 - $86.6100) on Wed. Oct. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.34% (three month average) |
RSI | 56 |
Latest Price | $84.8000(1.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 2.4% a day on average for past five trading days. |
Weekly Trend | CNC advances 2.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(36%) DIA(30%) IWD(27%) SDY(26%) IBB(25%) |
Factors Impacting CNC price | CNC will decline at least -1.17% in a week (0% probabilities). VIXM(-13%) SHY(-9%) TBT(-7%) SMH(-7%) MCHI(-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 | -1.17% (StdDev 2.34%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.1% |
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