| CMG latest price $1867.1300 (1.93%) ($1828.6700 - $1868.9800) on Mon. Oct. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 37 |
Latest Price | $1867.1300(1.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.1% a day on average for past five trading days. |
Weekly Trend | CMG declines -2.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) VUG(46%) XLK(46%) IWF(45%) XLY(40%) QQQ(39%) |
Factors Impacting CMG price | CMG will decline at least -0.835% in a week (0% probabilities). VIXM(-30%) VXX(-28%) UNG(-18%) XLE(-17%) XOP(-15%) |
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 | -0.835% (StdDev 1.67%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2% |
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