| CMG latest price $2039.2800 (-1.37%) ($2037.1100 - $2077.2900) on Mon. May. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 85 |
Latest Price | $2039.2800(-1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 2.5% a day on average for past five trading days. |
Weekly Trend | CMG advances 7.6% 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(26%) ARKK(19%) BLOK(18%) BWX(16%) ARKG(13%) |
Factors Impacting CMG price | CMG will decline at least -1.075% in a week (0% probabilities). USO(-14%) TIP(-13%) UNG(-11%) 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 | -1.075% (StdDev 2.15%) |
Hourly BBV | -0 () |
Intraday Trend | -0.8% |
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