| CMG latest price $500.3500 (-0.53%) ($473.1100 - $506.0000) on Wed. Mar. 16, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.97% (three month average) |
RSI | 50 |
Latest Price | $500.3500(-0.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 49.1% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) XME(26%) IGOV(5%) XLU(5%) GDX(4%) IBB(4%) |
Factors Impacting CMG price | CMG will decline at least -0.485% in a week (0% probabilities). USO(-5%) JETS(-4%) BWX(-4%) BNDX(-4%) PEJ(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.485% (StdDev 0.97%) |
Hourly BBV | 0 () |
Intraday Trend | 4.3% |
| |
|
|