| CMG latest price $1894.9100 (1.22%) ($1866.3900 - $1897.0000) on Wed. Aug. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 38 |
Latest Price | $1894.9100(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.3% a day on average for past five trading days. |
Weekly Trend | CMG declines -0.4% 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) VUG(51%) IWF(50%) XLK(48%) IVW(44%) QQQ(43%) |
Factors Impacting CMG price | CMG will decline at least -0.81% in a week (0% probabilities). VXX(-36%) VIXM(-35%) EDOC(-17%) UUP(-16%) UNG(-12%) |
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 | -0.81% (StdDev 1.62%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0.9% |
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