| CMG latest price $1479.2100 (1.91%) ($1459.1600 - $1480.6700) on Wed. Jan. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 57 |
Latest Price | $1479.2100(1.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.5% a day on average for past five trading days. |
Weekly Trend | CMG advances 0.7% 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) BOTZ(36%) ARKK(34%) BLOK(30%) XLK(29%) VUG(28%) |
Factors Impacting CMG price | CMG will decline at least -1.075% in a week (0% probabilities). VIXM(-14%) EDOC(-11%) TIP(-10%) UUP(-8%) USO(-7%) |
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 | -1.075% (StdDev 2.15%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.2% |
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