| CMG latest price $1866.8900 (1.01%) ($1841.1900 - $1873.7300) on Wed. Aug. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 48 |
Latest Price | $1866.8900(1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.2% a day on average for past five trading days. |
Weekly Trend | CMG declines -2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) VUG(51%) IWF(50%) XLK(49%) IVW(45%) QQQ(45%) |
Factors Impacting CMG price | CMG will decline at least -0.825% in a week (0% probabilities). VXX(-36%) VIXM(-35%) UUP(-16%) UNG(-13%) XOP(-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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 2.7 () |
Intraday Trend | 1.1% |
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