| CMG latest price $1612.5800 (-1.19%) ($1610.0000 - $1645.0000) on Wed. Apr. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.87% (three month average) |
RSI | 56 |
Latest Price | $1612.5800(-1.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1% a day on average for past five trading days. |
Weekly Trend | CMG advances 0.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IVW(61%) IWF(61%) QQQ(60%) SKYY(57%) SPY(57%) |
Factors Impacting CMG price | CMG will decline at least -1.435% 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 | -1.435% (StdDev 2.87%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1.9% |
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