CMG (CMG) — Downtrend in force
CMG (CMG) is trading at $30.93, -0.95 (24.3%) on the session. Over the last 128 sessions the trend is down with a -7.7% move. Price is -19.7% from its 6-month high and +9.8% from its 6-month low. Annualised volatility (30-day) is ~32%.
Probability scenarios
Bearish bias — 2 bullish, 6 bearish, 0 neutral of 8 signals.
Trend Downtrend in force
CMG (CMG) is trading at $30.93. Over the last 128 sessions the trend is **down** with a -7.7% move.
Price is -19.7% from the 6-month high and +9.8% from the low. Annualised volatility (30-day) is ~32%.
Price is below the 15-day MA ($32.31, -4.3%) and below the 50-day SMA ($34.62).
Bollinger Bands Near the lower band — weakness
Bollinger Bands (20, 2): price is at $30.93, upper $36.87, middle $33.24, lower $29.61. Price is near the lower band — weakness.
Bandwidth is 21.9% of price — expanded (high volatility). Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Weakening
RSI(14) is 24.0. Nearing the 30 oversold line.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bearish — momentum slowing
MACD (12, 26, 9): line $-1.11, signal $-0.91, histogram -0.194.
The fast line has crossed below the signal line and the histogram is negative. Price may still be rising overall, but momentum is weakening — often seen before a correction, a sideways consolidation, or a final push higher.
Volume Analysis Accumulation — buyers in control
Over the recent 18 sessions, average up-day volume is 1.31× down-day volume. Price rises on heavier volume than it falls on — a sign buyers are more committed than sellers.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money distributing
The A/D line is falling and well off highs. If smart money were exiting you would expect lower highs and volume spikes on down days — distribution pressure is building.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Below anchored VWAP — period buyers underwater
Price ($30.93) is -7.5% below the anchored VWAP ($33.44). Period buyers are underwater — overhead supply tends to cap rallies.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 3 resistance / 1 support levels
Current price $30.93. Resistance above: $32.12, $32.55, $33.60. Support below: $29.61.
Watch $32.12 as the first upside level to clear, and $29.61 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$32.12
Resistance
$32.55
Resistance
$33.60
Support
$29.61
Signal breakdown
- Trend (6mo) Bearish Linear-regression slope is down (-7.7% over the period).
- Price vs 50-day SMA Bearish Price is below the 50-day SMA ($34.62).
- RSI (14) Bullish RSI 24 — oversold, bounce setup.
- MACD (12,26,9) Bearish Histogram negative (-0.194) — fast line below signal.
- Bollinger %B Bearish Price in the lower half of the bands (%B 0.18).
- Volume profile Bullish Up-day volume 1.31× down-day volume — accumulation.
- A/D line Bearish A/D line slope is falling — distribution pressure.
- AVWAP Bearish Price below anchored VWAP ($33.44).
Generated from 128 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-06T15:32:13.298489779Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.