| CMG latest price $1288.7700 (1.75%) ($1237.1800 - $1305.0700) on Wed. May. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 40 |
Latest Price | $1288.7700(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.6% 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 rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IVW(58%) IWF(58%) QQQ(57%) SPY(54%) SKYY(53%) |
Factors Impacting CMG price | CMG will decline at least -1.365% in a week (0% probabilities). VIXM(-23%) UUP(-15%) TBT(-11%) VXX(-5%) UNG(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 | -1.365% (StdDev 2.73%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.5% |
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