| CMG latest price $1631.0900 (-1.64%) ($1606.8150 - $1670.0000) on Thu. Aug. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.91% (three month average) |
RSI | 84 |
Latest Price | $1631.0900(-1.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.6% a day on average for past five trading days. |
Weekly Trend | CMG advances 7.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(50%) IVW(49%) QQQ(49%) SPY(48%) SKYY(44%) |
Factors Impacting CMG price | CMG will decline at least -1.455% in a week (0% probabilities). TBT(-13%) VIXM(-12%) UUP(-10%) EDOC(-8%) VXX(-4%) |
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 | -1.455% (StdDev 2.91%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2% |
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