| CMG latest price $1362.7100 (4.28%) ($1270.4900 - $1372.9350) on Tue. Jul. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 66 |
Latest Price | $1362.7100(4.28%) |
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 3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IVW(52%) IWF(52%) QQQ(51%) SPY(49%) SKYY(48%) |
Factors Impacting CMG price | CMG will decline at least -1.385% in a week (0% probabilities). VIXM(-15%) UUP(-13%) TBT(-10%) VXX(-4%) EDOC(0%) |
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 | -1.385% (StdDev 2.77%) |
Hourly BBV | 2.5 () |
Intraday Trend | 6.1% |
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