| CMG latest price $771.0000 (6.33%) ($732.0000 - $788.9700) on Thu. Apr. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.93% (three month average) |
RSI | 76 |
Latest Price | $771.0000(6.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 4.2% a day on average for past five trading days. |
Weekly Trend | CMG advances 6.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(64%) IVW(63%) QQQ(62%) VUG(62%) SKYY(60%) |
Factors Impacting CMG price | CMG will decline at least -2.465% in a week (0% probabilities). VIXM(-35%) UUP(-19%) VXX(-15%) TBT(-4%) IGOV(-2%) |
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 | -2.465% (StdDev 4.93%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
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