| CCI latest price $165.0900 (-2.12%) ($164.4400 - $168.7500) on Tue. Oct. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 47 |
Latest Price | $165.0900(-2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.1% a day on average for past five trading days. |
Weekly Trend | CCI advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CCI advance at 0% a week (0% probability) SPLV(61%) XLRE(58%) SPY(48%) FIVG(46%) IVW(46%) |
Factors Impacting CCI price | CCI will decline at least -0.73% in a week (0% probabilities). VIXM(-30%) UUP(-25%) TBT(-15%) VXX(-11%) EDOC(-7%) |
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 | -0.73% (StdDev 1.46%) |
Hourly BBV | -2.7 () |
Intraday Trend | -2.2% |
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