| CNC latest price $63.9600 (0.52%) ($63.5300 - $64.4700) on Thu. Aug. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 38 |
Latest Price | $63.9600(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNC advances 0.1% a day on average for past five trading days. |
Weekly Trend | CNC declines -1.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CNC advance at 0% a week (0% probability) XLU(25%) TBT(21%) XLV(21%) IGOV(18%) SPLV(16%) |
Factors Impacting CNC price | CNC will decline at least -0.945% in a week (0% probabilities). SMH(-50%) IWC(-32%) XLK(-25%) SKYY(-24%) MCHI(-24%) |
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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.3% |
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