| CNC latest price $76.0500 (0.38%) ($75.1800 - $77.3900) on Wed. Jan. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 38 |
Latest Price | $76.0500(0.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.3% a day on average for past five trading days. |
Weekly Trend | CNC declines -1.2% 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) XLV(40%) SPLV(34%) DIA(30%) VYM(30%) XLE(27%) |
Factors Impacting CNC price | CNC will decline at least -0.78% in a week (0% probabilities). SHY(-16%) SMH(-12%) VIXM(-10%) BNDX(-10%) VXX(-9%) |
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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.4% |
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