| CMG latest price $1347.3300 (-1.51%) ($1335.5500 - $1386.2500) on Fri. Jul. 22, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 56 |
Latest Price | $1347.3300(-1.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.7% a day on average for past five trading days. |
Weekly Trend | CMG advances 0.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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(51%) IWF(51%) QQQ(51%) SPY(49%) SKYY(46%) |
Factors Impacting CMG price | CMG will decline at least -1.325% in a week (0% probabilities). VIXM(-14%) UUP(-13%) TBT(-11%) VXX(-4%) UNG(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.325% (StdDev 2.65%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2% |
| |
|
|