| CNC latest price $64.0500 (2.35%) ($62.4700 - $64.1500) on Fri. Mar. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 30 |
Latest Price | $64.0500(2.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.5% a day on average for past five trading days. |
Weekly Trend | CNC declines -2.1% 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) XLV(37%) SPLV(31%) IBB(26%) DIA(25%) VYM(25%) |
Factors Impacting CNC price | CNC will decline at least -0.72% in a week (0% probabilities). SHY(-20%) VCSH(-17%) SLV(-15%) SMH(-13%) XLK(-12%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 0.2 () |
Intraday Trend | 2.2% |
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