| CMG latest price $1163.1000 (-0.05%) ($1151.0500 - $1176.6400) on Tue. Jul. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.53% (three month average) |
RSI | 74 |
Latest Price | $1163.1000(-0.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.1% a day on average for past five trading days. |
Weekly Trend | CMG advances 2.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value 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 -1.265% in a week (0% probabilities). VIXM(-34%) UUP(-18%) VXX(-13%) TBT(-8%) DRIV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.265% (StdDev 2.53%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
| |
|
|