| CMG latest price $1816.2600 (-0.93%) ($1798.2000 - $1844.1900) on Wed. Jul. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 75 |
Latest Price | $1816.2600(-0.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.7% a day on average for past five trading days. |
Weekly Trend | CMG advances 7.1% a week on average for past two weeks. |
Market Behavior | Normal 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(60%) SKYY(59%) |
Factors Impacting CMG price | CMG will decline at least -1% in a week (0% probabilities). VIXM(-36%) UUP(-16%) VXX(-11%) TBT(-6%) USO(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% (StdDev 2%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0.5% |
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