| CMG latest price $1945.1000 (-1.11%) ($1943.1600 - $1976.0350) on Fri. Sep. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 74 |
Latest Price | $1945.1000(-1.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.2% a day on average for past five trading days. |
Weekly Trend | CMG advances 2.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) IWF(50%) VUG(50%) XLK(48%) IVW(44%) QQQ(43%) |
Factors Impacting CMG price | CMG will decline at least -0.82% in a week (0% probabilities). VXX(-34%) VIXM(-34%) UUP(-14%) UNG(-10%) TBT(-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 | -0.82% (StdDev 1.64%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.3% |
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