| CMG latest price $932.1800 (3.28%) ($897.0400 - $935.1100) on Thu. May. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.34% (three month average) |
RSI | 64 |
Latest Price | $932.1800(3.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.8% a day on average for past five trading days. |
Weekly Trend | CMG advances 2.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(62%) IVW(61%) QQQ(61%) SKYY(60%) VUG(60%) |
Factors Impacting CMG price | CMG will decline at least -2.67% in a week (0% probabilities). VIXM(-34%) UUP(-19%) VXX(-14%) TBT(-7%) IGOV(0%) |
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 | -2.67% (StdDev 5.34%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
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