| CMG latest price $1506.3500 (2.41%) ($1465.0000 - $1523.8800) on Fri. Nov. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 44 |
Latest Price | $1506.3500(2.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.6% a day on average for past five trading days. |
Weekly Trend | CMG declines -2.8% a week on average for past two weeks. |
Market Behavior | Growth stock 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(42%) IVW(41%) QQQ(41%) SPY(40%) ONLN(37%) |
Factors Impacting CMG price | CMG will decline at least -1.035% in a week (0% probabilities). TBT(-11%) VIXM(-4%) UUP(-4%) VXX(-3%) UNG(-0%) |
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 | -1.035% (StdDev 2.07%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.5% |
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