| CNC latest price $34.6000 (-0.92%) ($33.5000 - $35.0600) on Fri. Jun. 24, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 69 |
Latest Price | $34.6000(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.6% a day on average for past five trading days. |
Weekly Trend | CNC advances 1.4% 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(56%) IVE(50%) IWD(50%) SPLV(49%) SDY(48%) |
Factors Impacting CNC price | CNC will decline at least -0.84% in a week (0% probabilities). TLT(-15%) VIXM(-12%) UUP(-9%) IGOV(-5%) TIP(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.84% (StdDev 1.68%) |
Hourly BBV | 0 () |
Intraday Trend | 3% |
| |
|
|