| CCI latest price $100.5000 (-0.32%) ($99.9900 - $101.6000) on Thu. Aug. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 26 |
Latest Price | $100.5000(-0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CCI advances 0.2% a day on average for past five trading days. |
Weekly Trend | CCI declines -0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CCI advance at 0% a week (0% probability) QQQ(98%) XLF(98%) GDXJ(95%) EMHY(94%) PCY(93%) |
Factors Impacting CCI price | CCI will decline at least -0.755% in a week (0% probabilities). XOP(1%) MCHI(4%) FXI(4%) KWEB(5%) VXX(-89%) |
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 | -0.7 () |
Intraday Trend | -0.9% |
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