| CMG latest price $882.2600 (12.15%) ($834.1780 - $905.0000) on Wed. Apr. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.27% (three month average) |
RSI | 80 |
Latest Price | $882.2600(12.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 2.8% a day on average for past five trading days. |
Weekly Trend | CMG advances 11.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(63%) IVW(62%) QQQ(61%) VUG(61%) SKYY(60%) |
Factors Impacting CMG price | CMG will decline at least -2.635% in a week (0% probabilities). VIXM(-34%) UUP(-18%) VXX(-15%) TBT(-6%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.635% (StdDev 5.27%) |
Hourly BBV | 0 () |
Intraday Trend | 3.9% |
| |
|
|