| CMG latest price $1505.1300 (-0.32%) ($1500.5300 - $1528.3300) on Mon. Mar. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 31 |
Latest Price | $1505.1300(-0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.1% a day on average for past five trading days. |
Weekly Trend | CMG declines -4.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) BOTZ(29%) ARKK(22%) BLOK(19%) ARKG(16%) IPO(15%) |
Factors Impacting CMG price | CMG will decline at least -0.9% in a week (0% probabilities). TIP(-14%) USO(-12%) SHY(-11%) GLD(-10%) VCSH(-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 | -0.9% (StdDev 1.8%) |
Hourly BBV | -0 () |
Intraday Trend | -1% |
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