| CNC latest price $66.4200 (1.54%) ($65.6350 - $67.1200) on Mon. Sep. 11, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 59 |
Latest Price | $66.4200(1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 1.6% a day on average for past five trading days. |
Weekly Trend | CNC advances 0.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) UUP(20%) OIH(5%) SPLV(-8%) TBT(59%) UNG(43%) |
Factors Impacting CNC price | CNC will decline at least -0.965% in a week (0% probabilities). IBUY(-98%) XBI(-96%) FIVG(-94%) VCIT(-87%) EWP(-87%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.965% (StdDev 1.93%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1% |
| |
|
|