Overall CNC gets a technical rating of 4 out of 10. In the past year, CNC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
79% of all other stocks performed better in the past year than CNC.
CNC is part of the Metals & Mining industry. There are 822 other stocks in this industry, of which 64% are performing better than CNC.
CNC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CNC has a been trading in the 0.73 - 1.02 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.