CIBC GLOBAL GROWTH ETF (CGLO.CA) Stock Technical Analysis
TSX:CGLO - Toronto Stock Exchange - CA12547N1042 - ETF - Currency: CAD
Overall CGLO gets a technical rating of 2 out of 10. CGLO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
61% of all other stocks performed better in the past year than CGLO.
Warning: CGLO has an average volume of 2827 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CGLO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CGLO is lagging the market slightly.
In the last month CGLO has a been trading in a tight range between 29.98 and 30.92.
Volume is considerably higher in the last couple of days.
The technical rating of CGLO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
26.55
31.77
4 important support areas can be observed.
- A support zone ranging from 29.91 to 30.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.84 from a horizontal line in the daily time frame.
- Support @27.67 from a trend line in the weekly time frame.
- A support zone ranging from 26.82 to 26.85. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 30.40 to 30.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 31.32 to 31.46. 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 | NEUTRAL | NEUTRAL | The short term trend for CGLO.CA is neutral. |
| ChartMill Relative Strength | 39.71 | NEUTRAL | CGLO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGLO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CGLO.CA is above a declining 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) | 45.23 | NEUTRAL | The RSI value for CGLO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CGLO.CA has a negative trend. |
| Stochastics (14,3) | 54.53 | NEUTRAL | The Stochastics value for CGLO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for CGLO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.62 | POSITIVE | The high ADX value value for CGLO.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:CGLO (8/1/2025, 7:00:00 PM)
30.08
-0.55 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.8%
1 Week-1.7%
2 Weeks-0.17%
1 Month-0.69%
3 Month4.26%
6 Month-4.39%
12 Month5.1%
2 Year21.19%
3 Year45.88%
5 Year48.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.66%
ATR Inc148.82%
Range Today0.1
ADR(20)0.11
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.71
Mansfield-0.55
10 Day High30.92
10 Day Low29.98
20 Day High30.92
20 Day Low29.98
52 Week High31.46
52 Week Low25.85
CS1 End30.05
CR1 Start30.4
Volume & EV
DER(3)0%
DER(5)0.99%
Volume1.78K
Volume Incr40.2%
Vol(5)4.55K
Vol(50)2.83K