| CNC latest price $85.0800 (0.02%) ($83.8700 - $85.7500) on Thu. Nov. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 79 |
Latest Price | $85.0800(0.02%) |
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 6.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(36%) DIA(30%) IBB(26%) IWD(26%) SDY(25%) |
Factors Impacting CNC price | CNC will decline at least -1.175% in a week (0% probabilities). VIXM(-13%) SHY(-10%) TBT(-7%) SMH(-7%) VCSH(-5%) |
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 | -1.175% (StdDev 2.35%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0.7% |
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