| CMG latest price $1897.4200 (0.69%) ($1872.7700 - $1906.3400) on Tue. Sep. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 49 |
Latest Price | $1897.4200(0.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.4% a day on average for past five trading days. |
Weekly Trend | CMG declines -0.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock 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 -0.88% in a week (0% probabilities). VIXM(-37%) UUP(-16%) VXX(-10%) 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 | -0.88% (StdDev 1.76%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.1% |
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