| CMG latest price $1496.5800 (0.58%) ($1466.1800 - $1499.4000) on Wed. Mar. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.58% (three month average) |
RSI | 34 |
Latest Price | $1496.5800(0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.9% a day on average for past five trading days. |
Weekly Trend | CMG declines -2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IVW(63%) IWF(63%) QQQ(62%) PEJ(59%) SPY(59%) |
Factors Impacting CMG price | CMG will decline at least -1.29% in a week (0% probabilities). VIXM(-32%) UUP(-17%) TBT(-10%) VXX(-8%) EDOC(-5%) |
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 | -1.29% (StdDev 2.58%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0.3% |
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