| CMG latest price $2226.2500 (0.02%) ($2212.4200 - $2236.4750) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 67 |
Latest Price | $2226.2500(0.02%) |
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 1% 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) QQQ(74%) SPLV(66%) XLP(61%) XLK(49%) IWF(47%) |
Factors Impacting CMG price | CMG will decline at least -0.625% in a week (0% probabilities). TIP(-39%) VIXM(-35%) ACES(-30%) IWC(-43%) XHB(-32%) |
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 | -0.625% (StdDev 1.25%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.3% |
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