| CMG latest price $1582.0300 (0.5%) ($1574.1000 - $1613.9900) on Thu. Mar. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.96% (three month average) |
RSI | 70 |
Latest Price | $1582.0300(0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.2% a day on average for past five trading days. |
Weekly Trend | CMG advances 2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IVW(61%) IWF(61%) QQQ(60%) PEJ(57%) SKYY(57%) |
Factors Impacting CMG price | CMG will decline at least -1.48% in a week (0% probabilities). VIXM(-29%) UUP(-15%) TBT(-10%) VXX(-6%) UNG(3%) |
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 | -1.48% (StdDev 2.96%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.6% |
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