| CMG latest price $1362.3900 (0.09%) ($1352.4800 - $1364.6180) on Wed. Jun. 2, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 54 |
Latest Price | $1362.3900(0.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.2% a day on average for past five trading days. |
Weekly Trend | CMG advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(63%) IVW(62%) QQQ(61%) VUG(60%) SKYY(59%) |
Factors Impacting CMG price | CMG will decline at least -0.9% in a week (0% probabilities). VIXM(-36%) UUP(-16%) VXX(-11%) TBT(-6%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.9% (StdDev 1.8%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0.6% |
| |
|
|