| CMG latest price $1576.0500 (-0.5%) ($1547.4900 - $1589.7200) on Thu. Jul. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 89 |
Latest Price | $1576.0500(-0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.3% a day on average for past five trading days. |
Weekly Trend | CMG advances 4.7% 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(63%) IVW(62%) QQQ(61%) VUG(60%) SKYY(59%) |
Factors Impacting CMG price | CMG will decline at least -0.665% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.665% (StdDev 1.33%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1.2% |
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