| CNC latest price $84.3700 (1.66%) ($82.2900 - $84.5500) on Wed. Dec. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 91 |
Latest Price | $84.3700(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.3% a day on average for past five trading days. |
Weekly Trend | CNC advances 7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(47%) XLV(45%) DIA(43%) IWD(42%) IVE(39%) |
Factors Impacting CNC price | CNC will decline at least -0.98% in a week (0% probabilities). VIXM(-28%) UUP(-16%) VXX(-7%) TBT(-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 | -0.98% (StdDev 1.96%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.9% |
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