CIBC GLOBAL GROWTH ETF (CGLO.CA) Stock Technical Analysis
TSX:CGLO - Toronto Stock Exchange - CA12547N1042 - ETF - Currency: CAD
Taking everything into account, CGLO scores 6 out of 10 in our technical rating. CGLO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: CGLO has an average volume of 3480 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 in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CGLO is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, CGLO turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
In the last month CGLO has a been trading in a tight range between 28.84 and 30.29.
Considerably lower volume is observed in the last couple of days.
CGLO has an average technical rating and it also does not offer a high quality setup 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
31.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.36 to 29.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.28 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 30.55 to 30.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 31.46 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 | UP | POSITIVE | The short term trend for CGLO.CA is up. |
| ChartMill Relative Strength | 44.15 | 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) | 60.6 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 74.94 | NEUTRAL | The Stochastics value for CGLO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for CGLO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.33 | NEGATIVE | The low ADX value for CGLO.CA suggests a weak or negative 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 (6/6/2025, 7:00:00 PM)
30.17
+0.36 (+1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.21%
1 Week1.96%
2 Weeks0.9%
1 Month4.54%
3 Month-0.72%
6 Month-3.46%
12 Month6.23%
2 Year22.24%
3 Year52.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%0.98%
ATR Inc-17.18%
Range Today0.01
ADR(20)0.1
ADR(20)%0.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.15
Mansfield-0.25
10 Day High30.14
10 Day Low28.84
20 Day High30.29
20 Day Low28.84
52 Week High31.46
52 Week Low25.85
CS1 End29.77
CR1 Start30.55
Volume & EV
DER(3)0%
DER(5)0%
Volume201
Volume Incr-77.3%
Vol(5)826.8
Vol(50)3.48K