| CMG latest price $2340.0000 (0.85%) ($2316.8200 - $2345.9800) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 74 |
Latest Price | $2340.0000(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.2% a day on average for past five trading days. |
Weekly Trend | CMG advances 1.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) QQQ(68%) SPLV(63%) XLP(59%) XLK(51%) TBT(47%) |
Factors Impacting CMG price | CMG will decline at least -0.635% in a week (0% probabilities). ACES(-43%) TIP(-38%) IWC(-54%) XHB(-50%) XLE(-48%) |
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 | -0.2% |
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