| CNC latest price $60.9800 (1.6%) ($60.1700 - $61.2900) on Fri. Dec. 6, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 75 |
Latest Price | $60.9800(1.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.2% a day on average for past five trading days. |
Weekly Trend | CNC advances 0.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(62%) DIA(58%) IVE(57%) IWD(57%) SPLV(57%) |
Factors Impacting CNC price | CNC will decline at least -1.12% 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 | -1.12% (StdDev 2.24%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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