| CCI latest price $164.1400 (4.31%) ($157.8200 - $164.7700) on Thu. Apr. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.3% (three month average) |
RSI | 68 |
Latest Price | $164.1400(4.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 2.4% a day on average for past five trading days. |
Weekly Trend | CCI advances 9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CCI advance at 0% a week (0% probability) XLRE(65%) SPLV(63%) SPY(53%) FIVG(50%) IVW(50%) |
Factors Impacting CCI price | CCI will decline at least -2.15% in a week (0% probabilities). VIXM(-35%) UUP(-24%) VXX(-14%) TBT(-8%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.15% (StdDev 4.3%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.7% |
| |
|
|