| CMG latest price $1494.1800 (-0.63%) ($1484.1900 - $1507.4900) on Fri. Jan. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 65 |
Latest Price | $1494.1800(-0.63%) |
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 4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(61%) SKYY(60%) |
Factors Impacting CMG price | CMG will decline at least -1.045% in a week (0% probabilities). VIXM(-36%) UUP(-18%) VXX(-13%) TBT(-8%) IGOV(-1%) |
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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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