| CNC latest price $58.5400 (-0.37%) ($58.0800 - $59.6190) on Fri. Feb. 26, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 49 |
Latest Price | $58.5400(-0.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.2% a day on average for past five trading days. |
Weekly Trend | CNC declines -0.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(42%) SPLV(41%) DIA(40%) IWD(39%) IVE(37%) |
Factors Impacting CNC price | CNC will decline at least -1.11% in a week (0% probabilities). VIXM(-23%) UUP(-11%) VXX(-8%) IGOV(-5%) TLT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.11% (StdDev 2.22%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.7% |
| |
|
|