| CNDT latest price $22.8600 (1.74%) ($22.3900 - $22.9000) on Thu. Aug. 30, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 84 |
Latest Price | $22.8600(1.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CNDT advances 1.5% a day on average for past five trading days. |
Weekly Trend | CNDT advances 4.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CNDT advance at 0% a week (0% probability) BOTZ(16%) SMH(14%) ARKG(13%) KWEB(13%) LIT(13%) |
Factors Impacting CNDT price | CNDT will decline at least -0.875% in a week (0% probabilities). BND(-13%) BWX(-11%) BNDX(-11%) TLT(-9%) GDXJ(-8%) |
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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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