| CNC latest price $65.7900 (2.83%) ($63.8300 - $66.1450) on Wed. Apr. 5, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 58 |
Latest Price | $65.7900(2.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.7% a day on average for past five trading days. |
Weekly Trend | CNC advances 0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLV(33%) SPLV(26%) IBB(24%) DIA(21%) VYM(20%) |
Factors Impacting CNC price | CNC will decline at least -0.755% in a week (0% probabilities). EDOC(-17%) SHY(-15%) IPO(-14%) XLK(-13%) VCSH(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.755% (StdDev 1.51%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.1% |
| |
|
|