| CMG latest price $1534.2800 (1.76%) ($1503.1050 - $1536.7600) on Tue. Jun. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 88 |
Latest Price | $1534.2800(1.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.2% a day on average for past five trading days. |
Weekly Trend | CMG advances 5.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(63%) IVW(62%) QQQ(61%) VUG(60%) SKYY(59%) |
Factors Impacting CMG price | CMG will decline at least -0.68% in a week (0% probabilities). VIXM(-36%) UUP(-16%) VXX(-11%) TBT(-6%) 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 | -0.68% (StdDev 1.36%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.8% |
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