| CMG latest price $1486.3200 (-0.53%) ($1468.5000 - $1510.1900) on Mon. Jan. 25, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 84 |
Latest Price | $1486.3200(-0.53%) |
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 4.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -1.03% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.03% (StdDev 2.06%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
| |
|
|