| CMG latest price $1595.0900 (-0.14%) ($1584.5500 - $1617.3600) on Tue. Jan. 24, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 83 |
Latest Price | $1595.0900(-0.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.6% a day on average for past five trading days. |
Weekly Trend | CMG advances 5.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) BOTZ(34%) ARKK(32%) BLOK(29%) ARKG(26%) XLK(26%) |
Factors Impacting CMG price | CMG will decline at least -1.095% in a week (0% probabilities). VIXM(-13%) TIP(-13%) SHY(-10%) USO(-9%) GLD(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.095% (StdDev 2.19%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.1% |
| |
|
|