| CMG latest price $476.9600 (1.8%) ($473.0000 - $481.7700) on Wed. Apr. 19, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 83 |
Latest Price | $476.9600(1.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1% a day on average for past five trading days. |
Weekly Trend | CMG advances 2.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(53%) IVW(52%) VUG(52%) XLY(52%) QQQ(51%) |
Factors Impacting CMG price | CMG will decline at least -0.64% in a week (0% probabilities). VIXM(-14%) UUP(-11%) IPO(-3%) IGOV(-2%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.64% (StdDev 1.28%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|