| CMG latest price $1808.1600 (1.75%) ($1775.0000 - $1809.1300) on Thu. Nov. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.13% (three month average) |
RSI | 45 |
Latest Price | $1808.1600(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.3% a day on average for past five trading days. |
Weekly Trend | CMG declines -1.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IVW(64%) IWF(64%) QQQ(63%) SKYY(61%) VUG(61%) |
Factors Impacting CMG price | CMG will decline at least -0.565% in a week (0% probabilities). VIXM(-36%) UUP(-16%) VXX(-10%) TBT(-7%) IGOV(-2%) |
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 | -0.565% (StdDev 1.13%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.7% |
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