| CNCR latest price $22.9000 (3.57%) ($22.5800 - $22.9300) on Wed. Mar. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 54 |
Latest Price | $22.9000(3.57%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | CNCR advances 0.4% a day on average for past five trading days. |
Weekly Trend | CNCR declines -0.6% 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 CNCR advance at 0% a week (0% probability) IBB(53%) BOTZ(51%) XBI(50%) SPY(48%) FIVG(47%) |
Factors Impacting CNCR price | CNCR will decline at least -0.785% in a week (0% probabilities). VXX(-36%) VIXM(-35%) TLT(-25%) SHY(-23%) IGOV(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.785% (StdDev 1.57%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
| |
|
|