| CMG latest price $2101.9400 (-0.2%) ($2097.3600 - $2139.8800) on Mon. May. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 64 |
Latest Price | $2101.9400(-0.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.5% a day on average for past five trading days. |
Weekly Trend | CMG advances 1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) BOTZ(36%) ARKK(29%) ARKG(19%) BLOK(19%) BND(19%) |
Factors Impacting CMG price | CMG will decline at least -0.95% in a week (0% probabilities). KWEB(-19%) FXI(-17%) MCHI(-16%) TIP(-15%) SHY(-11%) |
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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.2% |
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