| CMG latest price $1587.7300 (1.55%) ($1550.1400 - $1595.4200) on Fri. Mar. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 54 |
Latest Price | $1587.7300(1.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.5% a day on average for past five trading days. |
Weekly Trend | CMG advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(62%) IVW(61%) QQQ(60%) PEJ(58%) SPY(58%) |
Factors Impacting CMG price | CMG will decline at least -1.47% 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 | -1.47% (StdDev 2.94%) |
Hourly BBV | 2.1 () |
Intraday Trend | 1.3% |
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