| CNC latest price $86.3600 (1.68%) ($84.9950 - $86.6100) on Wed. Mar. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 56 |
Latest Price | $86.3600(1.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.9% a day on average for past five trading days. |
Weekly Trend | CNC advances 0.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(47%) DIA(42%) XLV(42%) IWD(41%) SDY(39%) |
Factors Impacting CNC price | CNC will decline at least -0.975% in a week (0% probabilities). VIXM(-27%) UUP(-16%) VXX(-5%) TBT(-5%) SHY(-2%) |
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 | -0.975% (StdDev 1.95%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.6% |
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