| CMG latest price $2327.0300 (1.31%) ($2300.3900 - $2328.9200) on Tue. Dec. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 72 |
Latest Price | $2327.0300(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CMG advances 0.1% a day on average for past five trading days. |
Weekly Trend | CMG advances 1.9% 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(70%) XLP(65%) TBT(48%) XLK(46%) XLV(44%) |
Factors Impacting CMG price | CMG will decline at least -0.66% in a week (0% probabilities). ACES(-47%) IWC(-61%) OIH(-50%) XHB(-55%) UNG(-47%) |
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 | -0.66% (StdDev 1.32%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1% |
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