| CMG latest price $2095.1100 (0.53%) ($2085.0000 - $2107.9900) on Thu. Nov. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 82 |
Latest Price | $2095.1100(0.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.6% a day on average for past five trading days. |
Weekly Trend | CMG advances 6.3% 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) SPLV(61%) IVW(52%) VUG(52%) IWF(51%) XLK(50%) |
Factors Impacting CMG price | CMG will decline at least -0.625% in a week (0% probabilities). VIXM(-43%) GLD(-33%) VXX(-32%) IWC(-26%) REMX(-18%) |
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 | -0.625% (StdDev 1.25%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.1% |
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