| CMG latest price $1938.6100 (0.62%) ($1920.2200 - $1944.9700) on Fri. Sep. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 72 |
Latest Price | $1938.6100(0.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.7% a day on average for past five trading days. |
Weekly Trend | CMG advances 1.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(49%) IVW(46%) QQQ(45%) |
Factors Impacting CMG price | CMG will decline at least -0.82% in a week (0% probabilities). VXX(-36%) VIXM(-35%) UUP(-16%) UNG(-12%) TBT(-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 | -0.82% (StdDev 1.64%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0.5% |
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