| CNC latest price $65.6400 (1.2%) ($64.6800 - $66.3200) on Mon. Mar. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 78 |
Latest Price | $65.6400(1.2%) |
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 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(42%) SPLV(41%) DIA(40%) IWD(40%) IVE(38%) |
Factors Impacting CNC price | CNC will decline at least -1.045% in a week (0% probabilities). VIXM(-24%) UUP(-12%) VXX(-8%) IGOV(-4%) SHY(-1%) |
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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.3% |
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