| CNC latest price $67.8800 (6.08%) ($64.3100 - $68.1800) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 52 |
Latest Price | $67.8800(6.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 3.1% a day on average for past five trading days. |
Weekly Trend | CNC declines -1.8% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) SPLV(40%) IVE(39%) |
Factors Impacting CNC price | CNC will decline at least -1.215% in a week (0% probabilities). VIXM(-23%) UUP(-12%) VXX(-8%) TLT(-4%) EDOC(-3%) |
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 | -1.215% (StdDev 2.43%) |
Hourly BBV | 1.6 () |
Intraday Trend | 5.2% |
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