| CMG latest price $1672.1700 (0.93%) ($1657.8900 - $1682.9400) on Thu. Mar. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 84 |
Latest Price | $1672.1700(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.5% a day on average for past five trading days. |
Weekly Trend | CMG advances 2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) BOTZ(28%) ARKK(21%) BLOK(19%) ARKG(16%) IPO(14%) |
Factors Impacting CMG price | CMG will decline at least -0.815% in a week (0% probabilities). TIP(-14%) SHY(-12%) USO(-11%) VCSH(-10%) GLD(-10%) |
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 | -0.815% (StdDev 1.63%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.9% |
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