| CMG latest price $1707.0100 (1.56%) ($1666.7050 - $1710.3010) on Thu. Sep. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 46 |
Latest Price | $1707.0100(1.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.4% a day on average for past five trading days. |
Weekly Trend | CMG declines -0.1% 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(49%) IVW(48%) QQQ(48%) SPY(46%) SKYY(43%) |
Factors Impacting CMG price | CMG will decline at least -1.375% in a week (0% probabilities). TBT(-12%) VIXM(-10%) UUP(-10%) EDOC(-10%) 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 | -1.375% (StdDev 2.75%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.6% |
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