| CCI latest price $110.1000 (-2.1%) ($109.9700 - $114.6700) on Thu. Jul. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 41 |
Latest Price | $110.1000(-2.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.5% a day on average for past five trading days. |
Weekly Trend | CCI declines -2.3% 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) XLRE(73%) GLD(66%) SPY(57%) XRT(57%) IVE(55%) |
Factors Impacting CCI price | CCI will decline at least -0.845% in a week (0% probabilities). VXX(-41%) VIXM(-41%) TBT(-41%) UUP(-15%) UNG(-6%) |
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 | -0.845% (StdDev 1.69%) |
Hourly BBV | -1 () |
Intraday Trend | -2.9% |
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