| CMG latest price $1777.1100 (-1.25%) ($1760.0000 - $1797.0000) on Wed. Nov. 3, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 38 |
Latest Price | $1777.1100(-1.25%) |
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 -1.3% 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(62%) SKYY(61%) VUG(61%) |
Factors Impacting CMG price | CMG will decline at least -0.555% in a week (0% probabilities). VIXM(-36%) UUP(-16%) VXX(-10%) TBT(-7%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.555% (StdDev 1.11%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.8% |
| |
|
|