| CMG latest price $1549.8200 (0.89%) ($1508.6400 - $1551.5000) on Fri. Oct. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.41% (three month average) |
RSI | 57 |
Latest Price | $1549.8200(0.89%) |
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 1.1% 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(45%) IWF(45%) QQQ(45%) SPY(42%) SKYY(40%) |
Factors Impacting CMG price | CMG will decline at least -1.205% in a week (0% probabilities). TBT(-10%) VIXM(-5%) UUP(-5%) VXX(-3%) EDOC(-3%) |
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 | -1.205% (StdDev 2.41%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.9% |
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