CEMATRIX CORP (CEMX.CA) Stock Technical Analysis
TSX:CEMX - Toronto Stock Exchange - CA15120R1038 - Common Stock - Currency: CAD
Overall CEMX gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CEMX is a bad performer.
CEMX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for CEMX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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0.19
We found 2 important support areas.
- Support @0.24 from a trend line in the daily time frame.
- Support @0.19 from a trend line in the daily 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 CEMX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEMX.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CEMX.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEMX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEMX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CEMX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.86 | NEUTRAL | The RSI value for CEMX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CEMX.CA has a negative trend. |
| Stochastics (14,3) | 80 | NEUTRAL | The Stochastics value for CEMX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.26 | HIGH VOLATILITY | The high ATR as a percentage value for CEMX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.59 | NEUTRAL | The ADX value for CEMX.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 0.31 | 0.25 | 0.05 (18.03%) | 5.55% |
| An entry @0.30. This is a Buy Stop order right above the 10 day high. | An exit @0.25. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 18.03%. | When investing 5.55% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:CEMX (6/6/2025, 7:00:00 PM)
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