| CMG latest price $1402.5500 (0.01%) ($1377.0200 - $1414.3800) on Tue. May. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 58 |
Latest Price | $1402.5500(0.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.7% a day on average for past five trading days. |
Weekly Trend | CMG advances 1.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IVW(57%) IWF(57%) QQQ(56%) SKYY(53%) SPY(53%) |
Factors Impacting CMG price | CMG will decline at least -1.415% in a week (0% probabilities). VIXM(-21%) UUP(-14%) TBT(-12%) 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 | -1.415% (StdDev 2.83%) |
Hourly BBV | 1 () |
Intraday Trend | 0.5% |
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