| CNC latest price $49.5100 (1.23%) ($48.7600 - $49.9900) on Wed. Nov. 29, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 69 |
Latest Price | $49.5100(1.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 1.1% a day on average for past five trading days. |
Weekly Trend | CNC advances 2.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(61%) IVE(54%) IWD(54%) SDY(52%) SPLV(52%) |
Factors Impacting CNC price | CNC will decline at least -1.005% in a week (0% probabilities). TLT(-20%) UUP(-12%) VIXM(-11%) TIP(-6%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.005% (StdDev 2.01%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
| |
|
|