| CMG latest price $1899.2700 (1.2%) ($1876.4300 - $1902.2500) on Mon. Aug. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 61 |
Latest Price | $1899.2700(1.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.4% a day on average for past five trading days. |
Weekly Trend | CMG advances 0.9% 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) VUG(51%) IWF(50%) XLK(49%) IVW(45%) QQQ(44%) |
Factors Impacting CMG price | CMG will decline at least -0.815% in a week (0% probabilities). VXX(-36%) VIXM(-35%) UUP(-16%) UNG(-12%) TBT(-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 | -0.815% (StdDev 1.63%) |
Hourly BBV | 2 () |
Intraday Trend | 0.7% |
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