| CCI latest price $195.1400 (0.19%) ($192.8100 - $195.7200) on Wed. Aug. 4, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 34 |
Latest Price | $195.1400(0.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.2% a day on average for past five trading days. |
Weekly Trend | CCI declines -2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CCI advance at 0% a week (0% probability) SPLV(65%) XLRE(59%) SDY(57%) IVE(54%) IWD(53%) |
Factors Impacting CCI price | CCI will decline at least -0.55% in a week (0% probabilities). VIXM(-33%) UUP(-25%) TBT(-15%) VXX(-10%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.55% (StdDev 1.1%) |
Hourly BBV | 2.2 () |
Intraday Trend | -0.1% |
| |
|
|