| CMG latest price $1299.0700 (-1.46%) ($1293.5500 - $1323.9200) on Mon. May. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 35 |
Latest Price | $1299.0700(-1.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.4% a day on average for past five trading days. |
Weekly Trend | CMG declines -5.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IVW(59%) IWF(59%) QQQ(59%) SPY(56%) SKYY(55%) |
Factors Impacting CMG price | CMG will decline at least -1.39% in a week (0% probabilities). VIXM(-24%) UUP(-15%) TBT(-9%) VXX(-5%) UNG(4%) |
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 | -1.39% (StdDev 2.78%) |
Hourly BBV | -0.2 () |
Intraday Trend | -0.7% |
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