| CCI latest price $168.0100 (0.85%) ($166.4700 - $169.3500) on Tue. Mar. 1, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 34 |
Latest Price | $168.0100(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.6% a day on average for past five trading days. |
Weekly Trend | CCI declines -2.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(66%) SDY(62%) IFRA(58%) IVE(58%) IWD(57%) |
Factors Impacting CCI price | CCI will decline at least -0.95% in a week (0% probabilities). VIXM(-34%) UUP(-28%) TBT(-16%) VXX(-8%) USO(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.95% (StdDev 1.9%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.2% |
| |
|
|