| CNC latest price $59.4600 (0.12%) ($58.1500 - $59.5500) on Wed. Nov. 20, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 70 |
Latest Price | $59.4600(0.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 1.4% a day on average for past five trading days. |
Weekly Trend | CNC advances 5.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) SPLV(57%) IVE(56%) IWD(56%) |
Factors Impacting CNC price | CNC will decline at least -1.13% in a week (0% probabilities). VIXM(-34%) TLT(-20%) VXX(-16%) IGOV(-6%) 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 | -1.13% (StdDev 2.26%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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