| CNC latest price $66.8000 (1.2%) ($66.1000 - $67.0000) on Thu. Jun. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.87% (three month average) |
RSI | 59 |
Latest Price | $66.8000(1.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.7% a day on average for past five trading days. |
Weekly Trend | CNC declines -0.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) UUP(28%) XLV(14%) XLU(9%) IBB(8%) EDOC(6%) |
Factors Impacting CNC price | CNC will decline at least -0.935% in a week (0% probabilities). SKYY(-29%) IPO(-28%) LIT(-27%) ONLN(-25%) IYT(-25%) |
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 | -0.935% (StdDev 1.87%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.4% |
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