| CNC latest price $85.1300 (-0.78%) ($84.8600 - $85.8500) on Mon. Oct. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.36% (three month average) |
RSI | 73 |
Latest Price | $85.1300(-0.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 2.3% a day on average for past five trading days. |
Weekly Trend | CNC advances 6.9% 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(31%) IBB(27%) IWD(27%) SDY(25%) |
Factors Impacting CNC price | CNC will decline at least -1.18% in a week (0% probabilities). VIXM(-13%) SHY(-10%) SMH(-7%) MCHI(-7%) KWEB(-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 | -1.18% (StdDev 2.36%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.2% |
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