| CMG latest price $1346.0000 (-0.08%) ($1322.0000 - $1348.8600) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 66 |
Latest Price | $1346.0000(-0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.4% a day on average for past five trading days. |
Weekly Trend | CMG advances 1.5% 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(61%) SKYY(60%) |
Factors Impacting CMG price | CMG will decline at least -1.01% in a week (0% probabilities). VIXM(-36%) UUP(-18%) VXX(-13%) TBT(-7%) USO(1%) |
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 | -1.01% (StdDev 2.02%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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