| CCI latest price $100.8200 (0.22%) ($100.0400 - $101.2900) on Wed. Aug. 30, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.52% (three month average) |
RSI | 26 |
Latest Price | $100.8200(0.22%) |
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 -1.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CCI advance at 0% a week (0% probability) XLF(98%) EMHY(94%) GDXJ(94%) QQQ(92%) ARKK(90%) |
Factors Impacting CCI price | CCI will decline at least -0.76% in a week (0% probabilities). VXX(-88%) TBT(-54%) USO(-34%) UUP(-13%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.76% (StdDev 1.52%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.2% |
| |
|
|