CHIBOUGAMAU INDEPENDENT MINE (CBG.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:CBG • CA1671012039
We assign a technical rating of 10 out of 10 to CBG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBG is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CBG is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, CBG also shows a nice and consistent pattern of rising prices.
- CBG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- CBG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- CBG is an average performer in the Metals & Mining industry, it outperforms 44% of 820 stocks in the same industry.
CBG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.20
6 important support areas can be observed.
- A support zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.24 from a trend line in the daily time frame.
- Support @0.23 from a horizontal line in the daily time frame.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.20 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CBG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBG.CA is up. |
| ChartMill Relative Strength | 79.38 | POSITIVE | CBG.CA has a high relative strength, it outperformed 79.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.73 | NEUTRAL | The RSI value for CBG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CBG.CA has a positive trend. |
| Stochastics (14,3) | 80.56 | OVERBOUGHT | The high Stochastics value suggests CBG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for CBG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 8.64 | NEGATIVE | The low ADX value for CBG.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.30 | 0.26 | 0.04 (13.33%) | 7.50% |
| An entry @0.30. This is a Buy Stop order right above the 10 day high. | An exit @0.26. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.04 points, which is 13.33%. | For a 1.00% total portfolio risk, you can invest 7.50% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:CBG (1/29/2026, 7:00:00 PM)
0.29
+0.01 (+5.45%)
CHIBOUGAMAU INDEPENDENT MINE / CBG.CA FAQ
What is the ChartMill technical rating of CHIBOUGAMAU INDEPENDENT MINE (CBG.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to CBG.CA.
What is the trend direction for CBG stock?
The current trend direction for CHIBOUGAMAU INDEPENDENT MINE (CBG.CA) is Bullish.
Can you provide the RSI signal for CHIBOUGAMAU INDEPENDENT MINE?
CHIBOUGAMAU INDEPENDENT MINE (CBG.CA) has an RSI value of 61.731. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHIBOUGAMAU INDEPENDENT MINE?
The MACD indicator for CHIBOUGAMAU INDEPENDENT MINE (CBG.CA) has a value of 0.00206322, indicating a bearish trend.
What is the short term momentum for CBG stock?
The short term momentum for CHIBOUGAMAU INDEPENDENT MINE (CBG.CA) is positive.