CIBC GLOBAL GROWTH ETF (CGLO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CGLO - CA12547N1042 - ETF
Overall CGLO gets a technical rating of 6 out of 10. Although CGLO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 62% of all other stocks performed better in the past year than CGLO.
- Warning: CGLO has an average volume of 4096 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- CGLO 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.
- In the last month CGLO has a been trading in a tight range between 30.97 and 32.75.
- Considerably lower volume is observed in the last couple of days.
CGLO has an average technical rating and the quality of the presented setup is also 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.
More info and screens
26.55
2 important support areas can be observed.
- A support zone ranging from 30.09 to 32.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.82 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.63 to 32.71. 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 CGLO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGLO.CA is up. |
| ChartMill Relative Strength | 38.78 | NEUTRAL | CGLO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGLO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGLO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGLO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.36 | NEUTRAL | The RSI value for CGLO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CGLO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.22 | OVERBOUGHT | The high Stochastics value suggests CGLO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for CGLO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.03 | NEUTRAL | The ADX value for CGLO.CA suggests a possible start of a new trend. |
TSX:CGLO (1/16/2026, 7:00:00 PM)
32.62
+0.15 (+0.46%)
CIBC GLOBAL GROWTH ETF / CGLO.CA FAQ
What is the ChartMill technical rating of CIBC GLOBAL GROWTH ETF (CGLO.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to CGLO.CA.
What is the trend direction for CGLO stock?
The current trend direction for CIBC GLOBAL GROWTH ETF (CGLO.CA) is Bullish.
What is the RSI signal for CGLO stock?
CIBC GLOBAL GROWTH ETF (CGLO.CA) has an RSI value of 67.365. This indicates that the stock is currently neutral.
What is the MACD signal for CIBC GLOBAL GROWTH ETF (CGLO.CA) stock?
The MACD indicator for CIBC GLOBAL GROWTH ETF (CGLO.CA) has a value of 0.0938414, indicating a bearish trend.
Can you provide the short term momentum for CIBC GLOBAL GROWTH ETF?
The short term momentum for CIBC GLOBAL GROWTH ETF (CGLO.CA) is positive.