| CNC latest price $65.7000 (-0.83%) ($64.7300 - $66.3300) on Mon. Jun. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.27% (three month average) |
RSI | 44 |
Latest Price | $65.7000(-0.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.3% a day on average for past five trading days. |
Weekly Trend | CNC declines -0.7% 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(47%) IWD(44%) DIA(43%) IVE(43%) SPLV(43%) |
Factors Impacting CNC price | CNC will decline at least -2.635% in a week (0% probabilities). VIXM(-25%) UUP(-13%) VXX(-9%) 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 | -2.635% (StdDev 5.27%) |
Hourly BBV | -0.6 () |
Intraday Trend | -0.5% |
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