| CMG latest price $1180.6200 (-0.52%) ($1159.0700 - $1193.2500) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 53 |
Latest Price | $1180.6200(-0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.4% a day on average for past five trading days. |
Weekly Trend | CMG advances 0.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based 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 -1.095% in a week (0% probabilities). VIXM(-34%) UUP(-18%) VXX(-13%) TBT(-9%) DRIV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.095% (StdDev 2.19%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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