| CNC latest price $60.0300 (1.88%) ($58.8250 - $60.0800) on Thu. Dec. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 44 |
Latest Price | $60.0300(1.88%) |
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 -1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(42%) DIA(39%) IWD(39%) SPLV(39%) IVE(38%) |
Factors Impacting CNC price | CNC will decline at least -1.09% in a week (0% probabilities). VIXM(-23%) UUP(-11%) VXX(-7%) TLT(-2%) 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 | -1.09% (StdDev 2.18%) |
Hourly BBV | 2.2 () |
Intraday Trend | 1.7% |
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