MEGASHORT -3X CN GLD LVRGD (CGMD.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CGMD - CA54315B8548 - ETF
Taking everything into account, CGMD scores 0 out of 10 in our technical rating. CGMD'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 CGMD 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.
More info and screens
2.44
We found 1 important resistance area.
- A resistance zone ranging from 2.47 to 2.47. 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 | DOWN | NEGATIVE | The long term trend for CGMD.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CGMD.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CGMD.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGMD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGMD.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 36.16 | NEUTRAL | The RSI value for CGMD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CGMD.CA has a positive trend. |
| Stochastics (14,3) | 18.71 | OVERSOLD | The low Stochastics value suggests CGMD.CA may be oversold. |
| Average True Range in percent/ATR (20) | 12.73 | HIGH VOLATILITY | The high ATR as a percentage value for CGMD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.03 | NEGATIVE | The low ADX value for CGMD.CA suggests a weak or negative trend. |
TSX:CGMD (12/5/2025, 7:00:00 PM)
2.46
+0.09 (+3.8%)
MEGASHORT -3X CN GLD LVRGD / CGMD.CA FAQ
Can you provide the ChartMill technical rating for MEGASHORT -3X CN GLD LVRGD?
ChartMill assigns a technical rating of 0 / 10 to CGMD.CA.
Can you provide the trend direction for MEGASHORT -3X CN GLD LVRGD?
The current trend direction for MEGASHORT -3X CN GLD LVRGD (CGMD.CA) is Bearish.
Can you provide the RSI signal for MEGASHORT -3X CN GLD LVRGD?
MEGASHORT -3X CN GLD LVRGD (CGMD.CA) has an RSI value of 36.1646. This indicates that the stock is currently neutral.
What is the short term momentum for MEGASHORT -3X CN GLD LVRGD (CGMD.CA) stock?
The short term momentum for MEGASHORT -3X CN GLD LVRGD (CGMD.CA) is negative.
What is the support and resistance level for CGMD stock?
MEGASHORT -3X CN GLD LVRGD (CGMD.CA) has a resistance level at 2.47. Check the full technical report for our detailed analysis of CGMD.CA support and resistance levels.