| CMG latest price $1563.9800 (-1.95%) ($1548.5800 - $1578.1400) on Wed. Jan. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 77 |
Latest Price | $1563.9800(-1.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.7% a day on average for past five trading days. |
Weekly Trend | CMG advances 5.2% 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 -1.09% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.09% (StdDev 2.18%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0.1% |
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