| CCI latest price $194.2200 (-0.3%) ($193.6300 - $195.2800) on Mon. Aug. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.08% (three month average) |
RSI | 28 |
Latest Price | $194.2200(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.1% a day on average for past five trading days. |
Weekly Trend | CCI declines -0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock 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(54%) |
Factors Impacting CCI price | CCI will decline at least -0.54% in a week (0% probabilities). VIXM(-34%) UUP(-25%) TBT(-14%) VXX(-10%) EDOC(3%) |
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 | -0.54% (StdDev 1.08%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.2% |
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