| CNC latest price $81.8700 (1.25%) ($80.2300 - $82.7100) on Wed. Jun. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 51 |
Latest Price | $81.8700(1.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 1.5% a day on average for past five trading days. |
Weekly Trend | CNC declines -2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(44%) DIA(40%) IWD(38%) SDY(36%) IBB(35%) |
Factors Impacting CNC price | CNC will decline at least -1.155% in a week (0% probabilities). VIXM(-23%) UUP(-12%) TBT(-7%) VXX(-4%) UNG(-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 | -1.155% (StdDev 2.31%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.8% |
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