| CMG latest price $2173.1000 (0.8%) ($2150.1000 - $2177.7700) on Thu. Nov. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 96 |
Latest Price | $2173.1000(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.7% a day on average for past five trading days. |
Weekly Trend | CMG advances 4.9% a week on average for past two weeks. |
Market Behavior | Normal 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(59%) XLP(47%) IWF(41%) VUG(41%) XLK(41%) |
Factors Impacting CMG price | CMG will decline at least -0.635% in a week (0% probabilities). IWC(-35%) VIXM(-29%) ACES(-27%) IDRV(-25%) TIP(-24%) |
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 | 1.1 () |
Intraday Trend | 0.7% |
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