| CMG latest price $1748.6000 (-0.25%) ($1735.5600 - $1761.8000) on Wed. Dec. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 50 |
Latest Price | $1748.6000(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.3% a day on average for past five trading days. |
Weekly Trend | CMG advances 1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 | -0.9 () |
Intraday Trend | 0.5% |
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