| CMG latest price $1610.7500 (1.05%) ($1582.1900 - $1611.8900) on Mon. Apr. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.92% (three month average) |
RSI | 70 |
Latest Price | $1610.7500(1.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.5% 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 | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IVW(61%) IWF(61%) QQQ(60%) PEJ(57%) SKYY(57%) |
Factors Impacting CMG price | CMG will decline at least -1.46% in a week (0% probabilities). VIXM(-29%) UUP(-15%) TBT(-11%) EDOC(-8%) VXX(-6%) |
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 | -1.46% (StdDev 2.92%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.6% |
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