| CNC latest price $84.9300 (0.08%) ($84.5600 - $85.6200) on Mon. Nov. 28, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.34% (three month average) |
RSI | 56 |
Latest Price | $84.9300(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.5% a day on average for past five trading days. |
Weekly Trend | CNC advances 0.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(36%) DIA(32%) IWD(27%) SDY(26%) IBB(22%) |
Factors Impacting CNC price | CNC will decline at least -1.17% in a week (0% probabilities). VIXM(-12%) SHY(-11%) SMH(-9%) VCSH(-7%) XLRE(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.17% (StdDev 2.34%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.1% |
| |
|
|