| CMG latest price $1917.8800 (2.01%) ($1889.1810 - $1921.5980) on Thu. Sep. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 52 |
Latest Price | $1917.8800(2.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.1% a day on average for past five trading days. |
Weekly Trend | CMG declines -0.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off 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 -0.875% in a week (0% probabilities). VIXM(-37%) UUP(-16%) VXX(-11%) TBT(-7%) USO(-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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0.9% |
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