| CNC latest price $82.0700 (-2.8%) ($79.4800 - $84.5400) on Fri. Nov. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 69 |
Latest Price | $82.0700(-2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.1% a day on average for past five trading days. |
Weekly Trend | CNC advances 0.2% 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(34%) DIA(29%) IWD(23%) SDY(22%) IBB(21%) |
Factors Impacting CNC price | CNC will decline at least -1.215% in a week (0% probabilities). SHY(-12%) VIXM(-11%) SMH(-9%) VCSH(-8%) MCHI(-8%) |
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 | -1.215% (StdDev 2.43%) |
Hourly BBV | -0.7 () |
Intraday Trend | -2.8% |
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