| CNC latest price $55.5000 (-0.32%) ($54.8700 - $55.8800) on Thu. Jan. 18, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 70 |
Latest Price | $55.5000(-0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 1% a day on average for past five trading days. |
Weekly Trend | CNC advances 3.4% a week on average for past two weeks. |
Market Behavior | Value stocks 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(61%) IVE(54%) IWD(54%) SPLV(53%) SDY(52%) |
Factors Impacting CNC price | CNC will decline at least -0.925% in a week (0% probabilities). TLT(-19%) UUP(-12%) VIXM(-11%) 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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
| |
|
|