| CNC latest price $92.9700 (0.67%) ($91.4600 - $93.5400) on Fri. Jul. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 70 |
Latest Price | $92.9700(0.67%) |
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 3.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(41%) DIA(37%) IWD(34%) SDY(34%) IBB(33%) |
Factors Impacting CNC price | CNC will decline at least -1.05% in a week (0% probabilities). VIXM(-19%) UUP(-10%) TBT(-8%) 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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.8% |
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