| CNC latest price $96.6400 (2.8%) ($94.2600 - $96.8000) on Fri. Aug. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 72 |
Latest Price | $96.6400(2.8%) |
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 1.2% 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(42%) DIA(38%) IWD(35%) SDY(34%) IBB(33%) |
Factors Impacting CNC price | CNC will decline at least -0.95% 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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.5% |
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