| CMG latest price $2045.6300 (-0.63%) ($2040.3200 - $2067.0600) on Fri. May. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 82 |
Latest Price | $2045.6300(-0.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.2% a day on average for past five trading days. |
Weekly Trend | CMG advances 2.5% 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(36%) ARKK(28%) BND(20%) ARKG(19%) BLOK(19%) |
Factors Impacting CMG price | CMG will decline at least -0.99% in a week (0% probabilities). KWEB(-19%) FXI(-18%) MCHI(-16%) TIP(-13%) SHY(-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 | -0.99% (StdDev 1.98%) |
Hourly BBV | -1 () |
Intraday Trend | -0.4% |
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