| CCI latest price $130.0400 (2.78%) ($126.3800 - $131.5000) on Wed. Mar. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 29 |
Latest Price | $130.0400(2.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.2% a day on average for past five trading days. |
Weekly Trend | CCI declines -3.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CCI advance at 0% a week (0% probability) XLRE(53%) XLU(43%) ARKK(41%) SPLV(41%) ARKG(39%) |
Factors Impacting CCI price | CCI will decline at least -0.925% in a week (0% probabilities). VXX(-15%) VCSH(-13%) TLT(-10%) PCY(-10%) TIP(-9%) |
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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 0.3 () |
Intraday Trend | 2.9% |
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