| CMG latest price $1527.5600 (0.82%) ($1512.1000 - $1533.8900) on Mon. Nov. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 77 |
Latest Price | $1527.5600(0.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.3% a day on average for past five trading days. |
Weekly Trend | CMG advances 2.6% 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(34%) QQQ(34%) IVW(32%) SPY(32%) ONLN(31%) |
Factors Impacting CMG price | CMG will decline at least -1.01% in a week (0% probabilities). TBT(-7%) SHY(-4%) VIXM(-3%) XLE(-2%) VXX(-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 | -1.01% (StdDev 2.02%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.8% |
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