| CNC latest price $65.0500 (3.45%) ($63.5200 - $65.3400) on Wed. Aug. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.27% (three month average) |
RSI | 41 |
Latest Price | $65.0500(3.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.4% a day on average for past five trading days. |
Weekly Trend | CNC declines -2.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(44%) DIA(41%) IWD(41%) IVE(40%) SPLV(40%) |
Factors Impacting CNC price | CNC will decline at least -1.135% in a week (0% probabilities). VIXM(-22%) UUP(-13%) VXX(-8%) TLT(-5%) 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 | -1.135% (StdDev 2.27%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.4% |
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