| CNC latest price $65.8900 (-0.9%) ($65.7200 - $66.8500) on Thu. Feb. 13, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 47 |
Latest Price | $65.8900(-0.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.5% a day on average for past five trading days. |
Weekly Trend | CNC declines -0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(63%) DIA(59%) SPLV(58%) IVE(57%) IWD(57%) |
Factors Impacting CNC price | CNC will decline at least -1.015% in a week (0% probabilities). VIXM(-34%) TLT(-19%) VXX(-16%) SHY(-8%) TIP(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.015% (StdDev 2.03%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.2% |
| |
|
|