| CMG latest price $2120.5800 (1.22%) ($2095.9200 - $2122.4100) on Fri. Nov. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 86 |
Latest Price | $2120.5800(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.8% a day on average for past five trading days. |
Weekly Trend | CMG advances 6.3% 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) SPLV(60%) IWF(52%) VUG(52%) IVW(50%) XLK(50%) |
Factors Impacting CMG price | CMG will decline at least -0.63% in a week (0% probabilities). VIXM(-43%) VXX(-30%) GLD(-28%) IWC(-27%) REMX(-17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.63% (StdDev 1.26%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0.8% |
| |
|
|