| CNC latest price $82.6800 (2.16%) ($81.8950 - $83.2700) on Fri. Nov. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 42 |
Latest Price | $82.6800(2.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.2% a day on average for past five trading days. |
Weekly Trend | CNC declines -2.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(35%) DIA(30%) IWD(24%) SDY(23%) IBB(21%) |
Factors Impacting CNC price | CNC will decline at least -1.22% in a week (0% probabilities). VIXM(-12%) SHY(-11%) SMH(-9%) VCSH(-7%) BOTZ(-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 | -1.22% (StdDev 2.44%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.1% |
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