CNCR in -5.22% downward trend, declining for three consecutive days on March 04, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CNCR declined for three days, in of 313 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CNCR's RSI Indicator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CNCR advanced for three days, in of 282 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category Health
CNCR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CNCR has been closely correlated with XBI. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if CNCR jumps, then XBI could also see price increases.
| Ticker / NAME | Correlation To CNCR | 1D Price Change % | ||
|---|---|---|---|---|
| CNCR | 100% | -4.90% | ||
| XBI - CNCR | 87% Closely correlated | -3.04% | ||
| IBB - CNCR | 81% Closely correlated | -2.37% | ||
| VHT - CNCR | 61% Loosely correlated | -1.08% | ||
| XLV - CNCR | 51% Loosely correlated | -0.81% | ||
| IHI - CNCR | 44% Loosely correlated | -2.57% |