| CMG latest price $1680.7600 (2.83%) ($1621.6300 - $1685.0390) on Wed. Sep. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.76% (three month average) |
RSI | 43 |
Latest Price | $1680.7600(2.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.9% a day on average for past five trading days. |
Weekly Trend | CMG declines -1.2% 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(48%) IWF(48%) QQQ(47%) SPY(46%) PEJ(42%) |
Factors Impacting CMG price | CMG will decline at least -1.38% in a week (0% probabilities). TBT(-12%) EDOC(-11%) VIXM(-10%) UUP(-10%) VXX(-4%) |
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 | -1.38% (StdDev 2.76%) |
Hourly BBV | 2.2 () |
Intraday Trend | 3.3% |
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