| CMG latest price $1840.7300 (0.61%) ($1828.3040 - $1857.2290) on Wed. Oct. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 50 |
Latest Price | $1840.7300(0.61%) |
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 -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(52%) IWF(51%) XLK(51%) QQQ(44%) IVW(40%) |
Factors Impacting CMG price | CMG will decline at least -0.81% in a week (0% probabilities). VIXM(-27%) VXX(-25%) GLD(-16%) UUP(-14%) TIP(-12%) |
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 | -0.81% (StdDev 1.62%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.3% |
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