| CMG latest price $1368.0400 (-0.5%) ($1329.6200 - $1372.1200) on Thu. Jul. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 59 |
Latest Price | $1368.0400(-0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.6% a day on average for past five trading days. |
Weekly Trend | CMG advances 0.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(51%) QQQ(51%) SPY(49%) SKYY(46%) |
Factors Impacting CMG price | CMG will decline at least -1.33% in a week (0% probabilities). VIXM(-14%) UUP(-13%) TBT(-11%) VXX(-4%) UNG(5%) |
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 | -1.33% (StdDev 2.66%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.7% |
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