| CNC latest price $63.2600 (-0.38%) ($63.0100 - $63.7400) on Wed. Sep. 29, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 52 |
Latest Price | $63.2600(-0.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.1% a day on average for past five trading days. |
Weekly Trend | CNC advances 1.3% a week on average for past two weeks. |
Market Behavior | Value stock 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) SPLV(46%) XLV(45%) DIA(43%) IWD(43%) IVE(41%) |
Factors Impacting CNC price | CNC will decline at least -0.83% in a week (0% probabilities). VIXM(-28%) UUP(-15%) VXX(-8%) SHY(-2%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.83% (StdDev 1.66%) |
Hourly BBV | -0.6 () |
Intraday Trend | -0.2% |
| |
|
|