| CCI latest price $198.0200 (0.76%) ($195.5100 - $198.8000) on Fri. Apr. 8, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 90 |
Latest Price | $198.0200(0.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.9% a day on average for past five trading days. |
Weekly Trend | CCI advances 5.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock 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 -0.82% in a week (0% probabilities). VIXM(-35%) UUP(-30%) TBT(-17%) VXX(-8%) EDOC(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.82% (StdDev 1.64%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.8% |
| |
|
|