EPA:CGM - Euronext Paris - Matif - FR0000053506 - Common Stock - Currency: EUR
Overall CGM gets a technical rating of 0 out of 10. CGM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CGM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 10.59, a Stop Loss order could be placed below this zone.
10.39
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for CGM.PA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CGM.PA is down. |
ChartMill Relative Strength | 8.58 | NEGATIVE | CGM.PA has a low relative strength, it was outperformed by 91.42% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGM.PA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGM.PA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CGM.PA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 39.26 | NEUTRAL | The RSI value for CGM.PA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CGM.PA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 19.17 | OVERSOLD | The low Stochastics value suggests CGM.PA may be oversold. |
Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for CGM.PA suggests some volalility. |
Average Directional Index/ADX (14) | 31.76 | POSITIVE | The high ADX value value for CGM.PA suggests a strong trend. |
EPA:CGM (6/20/2025, 7:00:00 PM)
10.7
0 (0%)