CIBC GLOBAL GROWTH ETF (CGLO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CGLO - CA12547N1042 - ETF
We assign a technical rating of 1 out of 10 to CGLO. CGLO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CGLO is bad and it also does not present a 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.
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26.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.09 to 30.82. This zone is formed by a combination of multiple trend lines in the daily 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 31.09 to 31.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.99 to 32.21. 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 | NEUTRAL | NEUTRAL | The long term trend for CGLO.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CGLO.CA is down. |
| ChartMill Relative Strength | 32.18 | 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) | UP | MIXED | The current price of CGLO.CA is below 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) | 43.61 | NEUTRAL | The RSI value for CGLO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CGLO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.61 | OVERSOLD | The low Stochastics value suggests CGLO.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for CGLO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.43 | NEGATIVE | The low ADX value for CGLO.CA suggests a weak or negative trend. |
TSX:CGLO (11/21/2025, 7:00:00 PM)
30.94
+0.39 (+1.28%)
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 1 / 10 to CGLO.CA.
Can you provide the trend direction for CIBC GLOBAL GROWTH ETF?
The current trend direction for CIBC GLOBAL GROWTH ETF (CGLO.CA) is Bearish.
What is the RSI signal for CGLO stock?
CIBC GLOBAL GROWTH ETF (CGLO.CA) has an RSI value of 43.605. 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 -0.116884, indicating a bearish trend.
What is the support and resistance level for CGLO stock?
CIBC GLOBAL GROWTH ETF (CGLO.CA) has a support level at 30.82 and a resistance level at 31.09. Check the full technical report for our detailed analysis of CGLO.CA support and resistance levels.