| CNC latest price $67.5400 (2.52%) ($65.2550 - $67.9700) on Mon. May. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.55% (three month average) |
RSI | 54 |
Latest Price | $67.5400(2.52%) |
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 -1.9% a week on average for past two weeks. |
Market Behavior | Normal 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(47%) DIA(43%) IWD(43%) SPLV(43%) IVE(42%) |
Factors Impacting CNC price | CNC will decline at least -2.775% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-10%) TLT(-7%) SHY(-2%) |
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 | -2.775% (StdDev 5.55%) |
Hourly BBV | 1.9 () |
Intraday Trend | 3.3% |
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