| CNC latest price $31.0600 (0.23%) ($30.7000 - $31.4200) on Tue. Jan. 10, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.28% (three month average) |
RSI | 76 |
Latest Price | $31.0600(0.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 1.3% a day on average for past five trading days. |
Weekly Trend | CNC advances 3.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(59%) IVE(52%) IWD(52%) SDY(50%) SPLV(50%) |
Factors Impacting CNC price | CNC will decline at least -1.64% in a week (0% probabilities). TLT(-19%) VIXM(-12%) UUP(-10%) IGOV(-6%) TIP(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.64% (StdDev 3.28%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|