| CMG latest price $1551.5400 (1.77%) ($1506.5600 - $1554.3700) on Tue. Jan. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 70 |
Latest Price | $1551.5400(1.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1.4% 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 | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) BOTZ(35%) ARKK(34%) BLOK(30%) ARKG(27%) IPO(27%) |
Factors Impacting CMG price | CMG will decline at least -1.05% in a week (0% probabilities). VIXM(-13%) TIP(-12%) SHY(-9%) GLD(-9%) USO(-7%) |
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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.4% |
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