| CCI latest price $166.2800 (2.58%) ($160.5100 - $166.7200) on Wed. Sep. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 54 |
Latest Price | $166.2800(2.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.7% a day on average for past five trading days. |
Weekly Trend | CCI declines -0.2% 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 CCI advance at 0% a week (0% probability) SPLV(61%) XLRE(59%) SPY(49%) FIVG(47%) IVW(47%) |
Factors Impacting CCI price | CCI will decline at least -0.93% in a week (0% probabilities). VIXM(-29%) UUP(-25%) TBT(-14%) VXX(-11%) EDOC(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.93% (StdDev 1.86%) |
Hourly BBV | 2.3 () |
Intraday Trend | 2.8% |
| |
|
|