| CMG latest price $1321.3700 (-0.29%) ($1314.8000 - $1341.9900) on Wed. Oct. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.77% (three month average) |
RSI | 78 |
Latest Price | $1321.3700(-0.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.7% a day on average for past five trading days. |
Weekly Trend | CMG advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(64%) IVW(62%) QQQ(62%) VUG(61%) SKYY(60%) |
Factors Impacting CMG price | CMG will decline at least -0.885% in a week (0% probabilities). VIXM(-35%) UUP(-18%) VXX(-13%) TBT(-9%) 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 | -0.885% (StdDev 1.77%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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