CCM GLOBAL EQUITY ETF (CCMG) Stock Technical Analysis
NYSEARCA:CCMG - NYSE Arca - US02072L2768 - ETF - Currency: USD
Taking everything into account, CCMG scores 8 out of 10 in our technical rating. Although CCMG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although CCMG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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25.28
3 important support areas can be observed.
- A support zone ranging from 28.09 to 29.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.16 from a horizontal line in the weekly time frame.
- Support @25.54 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.27 to 29.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CCMG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCMG is up. |
| ChartMill Relative Strength | 57.27 | NEUTRAL | CCMG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCMG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCMG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCMG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.39 | NEUTRAL | The RSI value for CCMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CCMG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 94.36 | OVERBOUGHT | The high Stochastics value suggests CCMG may be overbought. |
| Average True Range in percent/ATR (20) | 0.67 | LOW VOLATILITY | The low ATR as a percentage value for CCMG suggests low volalility. |
| Average Directional Index/ADX (14) | 15.66 | NEGATIVE | The low ADX value for CCMG 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 |
|---|---|---|---|
| 29.26 | 28.73 | 0.53 (1.81%) | 25.00% |
| An entry @29.26. This is a Buy Stop order right above the resistance zone. | An exit @28.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.53 points, which is 1.81%. | For a 0.45% total portfolio risk, you can invest 25.00% 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.
NYSEARCA:CCMG (6/30/2025, 8:04:02 PM)
29.26
+0.08 (+0.27%)