| CMG latest price $2197.6400 (0.5%) ($2186.9000 - $2208.1000) on Tue. Nov. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 91 |
Latest Price | $2197.6400(0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.3% a day on average for past five trading days. |
Weekly Trend | CMG advances 3.2% a week on average for past two weeks. |
Market Behavior | Value stocks 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(60%) XLP(49%) IVW(48%) XLV(48%) IWF(44%) |
Factors Impacting CMG price | CMG will decline at least -0.63% in a week (0% probabilities). IWC(-37%) VIXM(-28%) XLE(-24%) TIP(-24%) XHB(-23%) |
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 | -0.63% (StdDev 1.26%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.3% |
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