| CMG latest price $1506.8800 (1.85%) ($1477.2200 - $1513.6000) on Fri. Feb. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 71 |
Latest Price | $1506.8800(1.85%) |
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 1.4% 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(64%) IVW(63%) QQQ(62%) VUG(61%) SKYY(60%) |
Factors Impacting CMG price | CMG will decline at least -0.9% in a week (0% probabilities). VIXM(-36%) UUP(-17%) VXX(-12%) TBT(-8%) USO(-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 | -0.9% (StdDev 1.8%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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