| CMG latest price $2219.6700 (0.03%) ($2204.0000 - $2225.1000) on Fri. Nov. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 89 |
Latest Price | $2219.6700(0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.4% a day on average for past five trading days. |
Weekly Trend | CMG advances 2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) SPLV(63%) IVW(59%) VUG(50%) IWF(49%) XLK(49%) |
Factors Impacting CMG price | CMG will decline at least -0.63% in a week (0% probabilities). IWC(-44%) XHB(-32%) IDRV(-32%) VIXM(-31%) ACES(-31%) |
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 | 0 () |
Intraday Trend | 0.7% |
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