| CMG latest price $1485.6100 (2.23%) ($1449.0900 - $1491.3800) on Mon. Mar. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 57 |
Latest Price | $1485.6100(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 2.1% a day on average for past five trading days. |
Weekly Trend | CMG advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(64%) IVW(63%) QQQ(61%) VUG(61%) SKYY(59%) |
Factors Impacting CMG price | CMG will decline at least -1.04% in a week (0% probabilities). VIXM(-36%) UUP(-17%) VXX(-12%) TBT(-7%) IGOV(-3%) |
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 | -1.04% (StdDev 2.08%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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