| CNC latest price $68.7200 (0.35%) ($67.9700 - $69.4170) on Wed. May. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 47 |
Latest Price | $68.7200(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.6% 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. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(28%) SPLV(23%) IBB(19%) XLU(18%) SDY(17%) |
Factors Impacting CNC price | CNC will decline at least -0.8% in a week (0% probabilities). SKYY(-22%) XLK(-17%) VCSH(-17%) IPO(-17%) SHY(-16%) |
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 | -0.8% (StdDev 1.6%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.2% |
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