| CNC latest price $85.3100 (-2.18%) ($84.3900 - $86.6500) on Wed. May. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 50 |
Latest Price | $85.3100(-2.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.8% a day on average for past five trading days. |
Weekly Trend | CNC advances 2.2% 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(45%) DIA(40%) IWD(38%) SDY(37%) IBB(35%) |
Factors Impacting CNC price | CNC will decline at least -1.015% in a week (0% probabilities). VIXM(-24%) UUP(-14%) TBT(-7%) VXX(-4%) SHY(0%) |
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 | -1.015% (StdDev 2.03%) |
Hourly BBV | -0.7 () |
Intraday Trend | -1.5% |
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