| CCI latest price $138.6200 (-1.11%) ($136.9200 - $139.4300) on Mon. Dec. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.28% (three month average) |
RSI | 60 |
Latest Price | $138.6200(-1.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.2% a day on average for past five trading days. |
Weekly Trend | CCI advances 1.7% 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(49%) SDY(48%) IVE(46%) IWD(43%) SPY(43%) |
Factors Impacting CCI price | CCI will decline at least -1.14% in a week (0% probabilities). VIXM(-18%) UUP(-16%) VXX(-5%) EDOC(-5%) TBT(-4%) |
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 | -1.14% (StdDev 2.28%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0.1% |
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