| CMG latest price $1884.4900 (1.08%) ($1854.2000 - $1888.3600) on Tue. Aug. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 76 |
Latest Price | $1884.4900(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.6% a day on average for past five trading days. |
Weekly Trend | CMG advances 7.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IVW(64%) IWF(64%) QQQ(62%) VUG(61%) SKYY(60%) |
Factors Impacting CMG price | CMG will decline at least -0.99% in a week (0% probabilities). VIXM(-36%) UUP(-16%) VXX(-11%) TBT(-7%) USO(-0%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.6% |
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