| CMG latest price $1484.5700 (-1.84%) ($1482.0600 - $1521.0800) on Wed. Feb. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 41 |
Latest Price | $1484.5700(-1.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.8% a day on average for past five trading days. |
Weekly Trend | CMG declines -1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(64%) IVW(63%) QQQ(62%) PEJ(60%) SKYY(60%) |
Factors Impacting CMG price | CMG will decline at least -1% in a week (0% probabilities). VIXM(-34%) UUP(-16%) VXX(-9%) TBT(-9%) USO(-4%) |
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 | -1% (StdDev 2%) |
Hourly BBV | 0.4 () |
Intraday Trend | -2.3% |
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