| CMG latest price $1604.8800 (-1.29%) ($1597.2100 - $1621.0600) on Fri. Dec. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 71 |
Latest Price | $1604.8800(-1.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.1% a day on average for past five trading days. |
Weekly Trend | CMG advances 2.7% 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(34%) QQQ(34%) IVW(32%) SPY(32%) ONLN(31%) |
Factors Impacting CMG price | CMG will decline at least -1.06% in a week (0% probabilities). TBT(-7%) SHY(-4%) XLE(-2%) VXX(-2%) VIXM(-2%) |
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 | -1.06% (StdDev 2.12%) |
Hourly BBV | -0.2 () |
Intraday Trend | -0.7% |
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