| CCI latest price $113.9400 (-0.12%) ($112.3800 - $115.3400) on Fri. Jun. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 50 |
Latest Price | $113.9400(-0.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.8% a day on average for past five trading days. |
Weekly Trend | CCI declines -1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CCI advance at 0% a week (0% probability) XLRE(70%) IVE(44%) GLD(43%) XRT(43%) SPY(40%) |
Factors Impacting CCI price | CCI will decline at least -0.755% in a week (0% probabilities). VIXM(-36%) VXX(-33%) TBT(-31%) UNG(-8%) UUP(-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 | -0.755% (StdDev 1.51%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.9% |
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