| CMG latest price $1527.2100 (-1.09%) ($1513.2400 - $1554.2300) on Wed. Oct. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.42% (three month average) |
RSI | 47 |
Latest Price | $1527.2100(-1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.1% a day on average for past five trading days. |
Weekly Trend | CMG advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based 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) IWF(45%) QQQ(45%) IVW(44%) SPY(42%) SKYY(39%) |
Factors Impacting CMG price | CMG will decline at least -1.21% in a week (0% probabilities). TBT(-10%) VIXM(-5%) UUP(-5%) VXX(-3%) USO(0%) |
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 | -1.21% (StdDev 2.42%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.8% |
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