| CMG latest price $1752.9100 (-0.75%) ($1747.0100 - $1777.0000) on Tue. Dec. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 57 |
Latest Price | $1752.9100(-0.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.8% a day on average for past five trading days. |
Weekly Trend | CMG advances 1.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth 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%) PEJ(60%) SKYY(60%) |
Factors Impacting CMG price | CMG will decline at least -0.715% in a week (0% probabilities). VIXM(-35%) UUP(-16%) VXX(-9%) TBT(-9%) USO(-3%) |
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 | -0.715% (StdDev 1.43%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.9% |
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