| CMG latest price $1563.5500 (0.57%) ($1530.0000 - $1564.4900) on Thu. Mar. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.96% (three month average) |
RSI | 55 |
Latest Price | $1563.5500(0.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.3% 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 | 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) IWF(62%) IVW(61%) QQQ(60%) SPY(58%) PEJ(57%) |
Factors Impacting CMG price | CMG will decline at least -1.48% in a week (0% probabilities). VIXM(-30%) UUP(-16%) TBT(-10%) VXX(-7%) USO(-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 | -1.48% (StdDev 2.96%) |
Hourly BBV | 1.1 () |
Intraday Trend | 2.2% |
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