| CMG latest price $1739.2100 (1.6%) ($1707.9700 - $1748.4900) on Wed. Dec. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 38 |
Latest Price | $1739.2100(1.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.7% a day on average for past five trading days. |
Weekly Trend | CMG declines -2.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(65%) IVW(64%) QQQ(63%) SKYY(61%) VUG(61%) |
Factors Impacting CMG price | CMG will decline at least -0.74% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.74% (StdDev 1.48%) |
Hourly BBV | 1 () |
Intraday Trend | 1.1% |
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