| CNC latest price $92.2500 (-0.77%) ($91.4100 - $94.2500) on Mon. Aug. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 70 |
Latest Price | $92.2500(-0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.1% a day on average for past five trading days. |
Weekly Trend | CNC advances 2.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(41%) DIA(37%) IWD(35%) SDY(34%) IBB(33%) |
Factors Impacting CNC price | CNC will decline at least -1.045% in a week (0% probabilities). VIXM(-19%) UUP(-10%) TBT(-7%) SHY(-5%) 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 | -1.045% (StdDev 2.09%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0.9% |
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