| CMG latest price $725.1200 (2.96%) ($700.0000 - $735.0000) on Wed. Apr. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.86% (three month average) |
RSI | 77 |
Latest Price | $725.1200(2.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 3.3% a day on average for past five trading days. |
Weekly Trend | CMG advances 5.7% 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) IWF(64%) IVW(63%) QQQ(62%) VUG(62%) SKYY(60%) |
Factors Impacting CMG price | CMG will decline at least -2.43% in a week (0% probabilities). VIXM(-35%) UUP(-19%) VXX(-15%) TBT(-4%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.43% (StdDev 4.86%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
| |
|
|