| CMG latest price $1552.7200 (1.65%) ($1514.2200 - $1562.9100) on Tue. Nov. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 81 |
Latest Price | $1552.7200(1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.8% a day on average for past five trading days. |
Weekly Trend | CMG advances 2.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal 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 -1.015% in a week (0% probabilities). TBT(-7%) SHY(-4%) VXX(-2%) VIXM(-2%) GLD(-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 | -1.015% (StdDev 2.03%) |
Hourly BBV | 2.2 () |
Intraday Trend | 2.1% |
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