| CNC latest price $72.8500 (5.55%) ($68.9600 - $73.2100) on Thu. Apr. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.53% (three month average) |
RSI | 69 |
Latest Price | $72.8500(5.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 2.3% a day on average for past five trading days. |
Weekly Trend | CNC advances 9.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(49%) DIA(43%) IVE(42%) IWD(42%) SPLV(42%) |
Factors Impacting CNC price | CNC will decline at least -2.765% in a week (0% probabilities). VIXM(-26%) UUP(-12%) VXX(-10%) TLT(-7%) SHY(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.765% (StdDev 5.53%) |
Hourly BBV | 1.8 () |
Intraday Trend | 4.8% |
| |
|
|