| CNC latest price $65.8600 (1.03%) ($64.0100 - $66.1200) on Thu. Oct. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 95 |
Latest Price | $65.8600(1.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.4% a day on average for past five trading days. |
Weekly Trend | CNC advances 6.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(43%) DIA(41%) IWD(41%) IVE(40%) SPLV(40%) |
Factors Impacting CNC price | CNC will decline at least -1.085% in a week (0% probabilities). VIXM(-24%) UUP(-12%) VXX(-8%) TLT(-4%) IGOV(-4%) |
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 | -1.085% (StdDev 2.17%) |
Hourly BBV | 0.8 () |
Intraday Trend | 2.7% |
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