| CNC latest price $86.0100 (1.49%) ($84.6800 - $86.5700) on Wed. Jul. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 79 |
Latest Price | $86.0100(1.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.4% a day on average for past five trading days. |
Weekly Trend | CNC advances 4.7% 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(42%) DIA(38%) IWD(35%) SDY(34%) IBB(32%) |
Factors Impacting CNC price | CNC will decline at least -1.09% in a week (0% probabilities). VIXM(-20%) UUP(-11%) TBT(-6%) SHY(-4%) VXX(-3%) |
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 | -1.09% (StdDev 2.18%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.2% |
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