| CMG latest price $1538.8800 (1.91%) ($1491.0000 - $1548.6800) on Thu. Jul. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.15% (three month average) |
RSI | 68 |
Latest Price | $1538.8800(1.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 2.5% a day on average for past five trading days. |
Weekly Trend | CMG advances 4.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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 -1.575% in a week (0% probabilities). VIXM(-14%) UUP(-12%) TBT(-11%) VXX(-4%) UNG(3%) |
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 | -1.575% (StdDev 3.15%) |
Hourly BBV | 1 () |
Intraday Trend | 2% |
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