| CNC latest price $17.1400 (1.54%) ($16.6100 - $17.1600) on Wed. May. 7, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 84 |
Latest Price | $17.1400(1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.7% a day on average for past five trading days. |
Weekly Trend | CNC advances 5.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(56%) SPY(48%) VT(46%) IWM(44%) XLF(42%) |
Factors Impacting CNC price | CNC will decline at least -1.1% in a week (0% probabilities). TLT(-16%) IGOV(-8%) TIP(-5%) GLD(-4%) GDXJ(-3%) |
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 | -1.1% (StdDev 2.2%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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