| CMG latest price $1263.3500 (1.51%) ($1243.5000 - $1274.9400) on Mon. Sep. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 42 |
Latest Price | $1263.3500(1.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.9% a day on average for past five trading days. |
Weekly Trend | CMG declines -2% a week on average for past two weeks. |
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) IWF(63%) IVW(62%) QQQ(61%) SKYY(60%) VUG(60%) |
Factors Impacting CMG price | CMG will decline at least -0.97% in a week (0% probabilities). VIXM(-34%) UUP(-18%) VXX(-13%) TBT(-8%) IGOV(-7%) |
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 | -0.97% (StdDev 1.94%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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