| CMG latest price $1597.3500 (2.71%) ($1551.8900 - $1599.4400) on Mon. Jan. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 79 |
Latest Price | $1597.3500(2.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 1% a day on average for past five trading days. |
Weekly Trend | CMG advances 5.7% 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) BOTZ(34%) ARKK(32%) BLOK(29%) ARKG(26%) XLK(26%) |
Factors Impacting CMG price | CMG will decline at least -1.095% in a week (0% probabilities). VIXM(-13%) TIP(-13%) SHY(-10%) GLD(-10%) USO(-9%) |
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 | -1.095% (StdDev 2.19%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.9% |
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