| CMG latest price $2150.4300 (1.41%) ($2114.1700 - $2155.7850) on Mon. Nov. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 85 |
Latest Price | $2150.4300(1.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.8% a day on average for past five trading days. |
Weekly Trend | CMG advances 6.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) SPLV(57%) XLP(46%) IWF(42%) VUG(42%) IVW(41%) |
Factors Impacting CMG price | CMG will decline at least -0.635% in a week (0% probabilities). IWC(-38%) ACES(-30%) VIXM(-29%) GLD(-27%) TIP(-26%) |
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 | -0.635% (StdDev 1.27%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.4% |
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