| CCI latest price $193.1100 (2.13%) ($188.4100 - $194.9400) on Tue. Apr. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 84 |
Latest Price | $193.1100(2.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 1% a day on average for past five trading days. |
Weekly Trend | CCI advances 3.9% 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%) IVE(59%) IFRA(58%) IWD(58%) |
Factors Impacting CCI price | CCI will decline at least -0.825% in a week (0% probabilities). VIXM(-35%) UUP(-30%) TBT(-18%) VXX(-8%) EDOC(-1%) |
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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.2% |
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