| CMG latest price $2295.4800 (2.34%) ($2249.3900 - $2302.9200) on Mon. Dec. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 74 |
Latest Price | $2295.4800(2.34%) |
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 0.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) SPY(67%) SPLV(63%) XLP(59%) QQQ(58%) XLK(51%) |
Factors Impacting CMG price | CMG will decline at least -0.64% in a week (0% probabilities). ACES(-43%) IDRV(-37%) IWC(-54%) JETS(-47%) PCY(-35%) |
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 | -0.64% (StdDev 1.28%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2% |
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