| CMG latest price $2067.6200 (1.54%) ($2026.0900 - $2071.0000) on Fri. Apr. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 90 |
Latest Price | $2067.6200(1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 2.8% a day on average for past five trading days. |
Weekly Trend | CMG advances 6.7% 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(26%) ARKK(19%) BLOK(18%) BWX(15%) ARKG(13%) |
Factors Impacting CMG price | CMG will decline at least -1.06% in a week (0% probabilities). USO(-14%) TIP(-13%) UNG(-12%) SHY(-10%) KWEB(-10%) |
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 | -1.06% (StdDev 2.12%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.6% |
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