| CMG latest price $2206.6700 (-0.11%) ($2198.8100 - $2219.6150) on Tue. Nov. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 85 |
Latest Price | $2206.6700(-0.11%) |
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 2.5% 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) SPY(99%) SPLV(64%) XLP(59%) QQQ(53%) IWF(49%) |
Factors Impacting CMG price | CMG will decline at least -0.63% in a week (0% probabilities). TIP(-34%) XHB(-33%) VIXM(-30%) IWC(-42%) ACES(-29%) |
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 | -0.63% (StdDev 1.26%) |
Hourly BBV | -1.5 () |
Intraday Trend | -0.2% |
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