| CMG latest price $1375.0600 (-1.57%) ($1364.0750 - $1392.1500) on Fri. Jun. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 57 |
Latest Price | $1375.0600(-1.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.5% a day on average for past five trading days. |
Weekly Trend | CMG advances 4% 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(57%) IWF(57%) QQQ(56%) SPY(54%) SKYY(53%) |
Factors Impacting CMG price | CMG will decline at least -1.395% in a week (0% probabilities). VIXM(-21%) UUP(-15%) TBT(-13%) VXX(-5%) UNG(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 | -1.395% (StdDev 2.79%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.3% |
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