| CMG latest price $1058.8900 (1.05%) ($1035.0648 - $1063.4933) on Tue. Jun. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.12% (three month average) |
RSI | 71 |
Latest Price | $1058.8900(1.05%) |
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 3.4% a week on average for past two weeks. |
Market Behavior | Normal 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 -2.56% 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 | -2.56% (StdDev 5.12%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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