| CNC latest price $64.9400 (-1.44%) ($64.2700 - $65.8800) on Fri. Feb. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 55 |
Latest Price | $64.9400(-1.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.6% a day on average for past five trading days. |
Weekly Trend | CNC advances 0.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(63%) DIA(59%) SPLV(58%) IVE(57%) IWD(57%) |
Factors Impacting CNC price | CNC will decline at least -1.02% 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 | -1.02% (StdDev 2.04%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.3% |
| |
|
|