| CMG latest price $1710.7300 (0.31%) ($1697.4700 - $1712.7900) on Thu. Aug. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 79 |
Latest Price | $1710.7300(0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1% a day on average for past five trading days. |
Weekly Trend | CMG advances 4.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth 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(47%) PEJ(43%) |
Factors Impacting CMG price | CMG will decline at least -1.405% in a week (0% probabilities). TBT(-13%) VIXM(-12%) UUP(-10%) EDOC(-9%) 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 | -1.405% (StdDev 2.81%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0.3% |
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