| CMG latest price $1026.7100 (-0.32%) ($1012.8800 - $1038.1329) on Thu. May. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.34% (three month average) |
RSI | 82 |
Latest Price | $1026.7100(-0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.9% a day on average for past five trading days. |
Weekly Trend | CMG advances 7.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(62%) IVW(61%) QQQ(61%) SKYY(60%) VUG(60%) |
Factors Impacting CMG price | CMG will decline at least -2.67% in a week (0% probabilities). VIXM(-34%) UUP(-19%) VXX(-14%) TBT(-7%) IGOV(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.67% (StdDev 5.34%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
| |
|
|