| CCI latest price $135.1100 (-3.82%) ($135.0800 - $140.0600) on Mon. Nov. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 65 |
Latest Price | $135.1100(-3.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.8% a day on average for past five trading days. |
Weekly Trend | CCI advances 1.9% 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) SDY(55%) SPLV(54%) IVE(51%) IWD(50%) SPY(50%) |
Factors Impacting CCI price | CCI will decline at least -1.125% in a week (0% probabilities). UUP(-25%) VIXM(-20%) TBT(-12%) VXX(-6%) UNG(5%) |
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 | -1.125% (StdDev 2.25%) |
Hourly BBV | -1.2 () |
Intraday Trend | -3.5% |
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