| CNC latest price $84.0700 (-0.86%) ($83.1800 - $84.9800) on Thu. Oct. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.34% (three month average) |
RSI | 71 |
Latest Price | $84.0700(-0.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 2.5% a day on average for past five trading days. |
Weekly Trend | CNC advances 4.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) SPLV(36%) DIA(30%) IWD(26%) IBB(25%) SDY(25%) |
Factors Impacting CNC price | CNC will decline at least -1.17% in a week (0% probabilities). VIXM(-13%) SHY(-10%) TBT(-7%) SMH(-7%) MCHI(-7%) |
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 | -1.17% (StdDev 2.34%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.6% |
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