| CCI latest price $111.4700 (3.91%) ($107.1900 - $111.6300) on Mon. Jul. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.7% (three month average) |
RSI | 43 |
Latest Price | $111.4700(3.91%) |
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 -2.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support CCI advance at 0% a week (0% probability) XLRE(71%) GLD(64%) IVE(52%) SPY(51%) BLOK(50%) |
Factors Impacting CCI price | CCI will decline at least -0.85% in a week (0% probabilities). VIXM(-40%) VXX(-38%) TBT(-37%) EDOC(-19%) UUP(-10%) |
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 | -0.85% (StdDev 1.7%) |
Hourly BBV | 1.9 () |
Intraday Trend | 3.3% |
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