| CNC latest price $84.7200 (2.92%) ($82.6300 - $85.9800) on Mon. May. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 56 |
Latest Price | $84.7200(2.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 1.4% a day on average for past five trading days. |
Weekly Trend | CNC advances 0.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(45%) DIA(40%) IWD(39%) IBB(37%) SDY(37%) |
Factors Impacting CNC price | CNC will decline at least -1.005% in a week (0% probabilities). VIXM(-26%) UUP(-14%) TBT(-7%) VXX(-5%) 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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2% |
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