| CNC latest price $67.2000 (2.67%) ($65.2500 - $67.3900) on Wed. May. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 43 |
Latest Price | $67.2000(2.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.1% a day on average for past five trading days. |
Weekly Trend | CNC declines -1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(23%) IBB(18%) SPLV(16%) UUP(15%) XBI(14%) |
Factors Impacting CNC price | CNC will decline at least -0.825% in a week (0% probabilities). SKYY(-22%) VCSH(-21%) SHY(-21%) XLK(-19%) VUG(-18%) |
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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.6% |
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