| CNC latest price $31.3500 (3.84%) ($30.6800 - $32.3600) on Wed. Mar. 23, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 54 |
Latest Price | $31.3500(3.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 1.6% a day on average for past five trading days. |
Weekly Trend | CNC advances 0.6% 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 CNC advance at 0% a week (0% probability) XLV(55%) IVE(49%) IWD(49%) SDY(48%) SPY(48%) |
Factors Impacting CNC price | CNC will decline at least -1.39% in a week (0% probabilities). TLT(-15%) VIXM(-13%) UUP(-8%) IGOV(-6%) TIP(-4%) |
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 | -1.39% (StdDev 2.78%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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