| CNC latest price $67.6600 (10.79%) ($62.2650 - $67.8500) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 67 |
Latest Price | $67.6600(10.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 2.9% a day on average for past five trading days. |
Weekly Trend | CNC advances 1.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally 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 -1.28% 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 | -1.28% (StdDev 2.56%) |
Hourly BBV | 1.9 () |
Intraday Trend | 8.1% |
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