| CNC latest price $57.7500 (1.32%) ($55.5700 - $58.2400) on Fri. May. 31, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.54% (three month average) |
RSI | 63 |
Latest Price | $57.7500(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.8% a day on average for past five trading days. |
Weekly Trend | CNC advances 1.6% 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(61%) DIA(57%) IVE(55%) IWD(55%) SPLV(54%) |
Factors Impacting CNC price | CNC will decline at least -1.27% in a week (0% probabilities). TLT(-20%) VXX(-16%) IFRA(-10%) IGOV(-7%) TIP(-5%) |
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 | -1.27% (StdDev 2.54%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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