| CMG latest price $1861.5800 (0.19%) ($1848.2450 - $1871.8800) on Thu. Oct. 5, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 41 |
Latest Price | $1861.5800(0.19%) |
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 -1.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CMG advance at 0% a week (0% probability) VUG(47%) IWF(46%) XLK(46%) XLY(41%) QQQ(40%) |
Factors Impacting CMG price | CMG will decline at least -0.84% in a week (0% probabilities). VIXM(-30%) VXX(-28%) XLE(-17%) UNG(-17%) UUP(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.84% (StdDev 1.68%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.4% |
| |
|
|