| CCI latest price $128.8400 (-2.59%) ($128.6100 - $132.9980) on Wed. Nov. 2, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.91% (three month average) |
RSI | 47 |
Latest Price | $128.8400(-2.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.1% a day on average for past five trading days. |
Weekly Trend | CCI advances 0.2% 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) SDY(56%) SPLV(56%) IVE(53%) IWD(52%) SPY(51%) |
Factors Impacting CCI price | CCI will decline at least -0.955% in a week (0% probabilities). UUP(-26%) VIXM(-21%) TBT(-13%) VXX(-6%) UNG(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.955% (StdDev 1.91%) |
Hourly BBV | -1.9 () |
Intraday Trend | -2.1% |
| |
|
|