| CMG latest price $1918.9500 (0.65%) ($1909.3000 - $1930.2400) on Fri. Aug. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.77% (three month average) |
RSI | 61 |
Latest Price | $1918.9500(0.65%) |
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 1.2% 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) IVW(64%) IWF(64%) QQQ(63%) SKYY(61%) VUG(61%) |
Factors Impacting CMG price | CMG will decline at least -0.885% in a week (0% probabilities). VIXM(-37%) UUP(-16%) VXX(-11%) TBT(-7%) 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 | -0.885% (StdDev 1.77%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0.1% |
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