| CNC latest price $55.3500 (0.27%) ($54.7000 - $55.9400) on Wed. Nov. 13, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 75 |
Latest Price | $55.3500(0.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 1.7% a day on average for past five trading days. |
Weekly Trend | CNC advances 4.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(62%) DIA(58%) IVE(56%) IWD(56%) SPLV(56%) |
Factors Impacting CNC price | CNC will decline at least -1.115% in a week (0% probabilities). VIXM(-34%) TLT(-20%) VXX(-16%) 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 | -1.115% (StdDev 2.23%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|