| CCI latest price $114.9100 (1.7%) ($112.0100 - $115.0500) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 50 |
Latest Price | $114.9100(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.3% a day on average for past five trading days. |
Weekly Trend | CCI declines -0.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CCI advance at 0% a week (0% probability) ARKK(34%) ACES(30%) BLOK(28%) ARKG(27%) BND(25%) |
Factors Impacting CCI price | CCI will decline at least -0.855% in a week (0% probabilities). TLT(-21%) TIP(-21%) VCSH(-20%) VCIT(-20%) LQD(-20%) |
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 | -0.855% (StdDev 1.71%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.3% |
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