| CNC latest price $85.6700 (6.04%) ($80.0900 - $86.0100) on Tue. Feb. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 68 |
Latest Price | $85.6700(6.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 2.2% a day on average for past five trading days. |
Weekly Trend | CNC advances 2.8% 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(48%) XLV(44%) DIA(43%) IWD(43%) SDY(41%) |
Factors Impacting CNC price | CNC will decline at least -0.95% in a week (0% probabilities). VIXM(-27%) UUP(-17%) VXX(-6%) 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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 1.8 () |
Intraday Trend | 6% |
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