| CMG latest price $1830.9200 (1.81%) ($1783.0000 - $1833.5300) on Fri. Jul. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 79 |
Latest Price | $1830.9200(1.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 3.3% a day on average for past five trading days. |
Weekly Trend | CMG advances 4.2% 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(63%) IVW(62%) QQQ(61%) VUG(60%) SKYY(59%) |
Factors Impacting CMG price | CMG will decline at least -0.985% in a week (0% probabilities). VIXM(-36%) UUP(-16%) VXX(-11%) TBT(-6%) IGOV(-2%) |
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 | -0.985% (StdDev 1.97%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.2% |
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