| CMG latest price $1663.7000 (2%) ($1623.6400 - $1664.6050) on Fri. Aug. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.92% (three month average) |
RSI | 89 |
Latest Price | $1663.7000(2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.8% a day on average for past five trading days. |
Weekly Trend | CMG advances 6.1% 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) IWF(50%) IVW(49%) QQQ(49%) SPY(48%) SKYY(44%) |
Factors Impacting CMG price | CMG will decline at least -1.46% 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 | -1.46% (StdDev 2.92%) |
Hourly BBV | 0.7 () |
Intraday Trend | 2% |
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