MEGASHORT -3X CN GLD LVRGD (CGMD.CA) Stock Technical Analysis
Canada - TSX:CGMD - CA54315B8548 - ETF
3.28 CAD
-0.36 (-9.89%)
Taking everything into account, CGMD scores 0 out of 10 in our technical rating. CGMD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than CGMD.
In the last month CGMD has a been trading in the 2.92 - 6.81 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: CGMD has an average volume of 11340 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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
3.25
3.31
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) | 29.04 | OVERSOLD | The low RSI value suggests CGMD.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CGMD.CA has a positive trend. |
| Stochastics (14,3) | 19.54 | OVERSOLD | The low Stochastics value suggests CGMD.CA may be oversold. |
| Average True Range in percent/ATR (20) | 15.13 | HIGH VOLATILITY | The high ATR as a percentage value for CGMD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 43.01 | POSITIVE | The high ADX value value for CGMD.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:CGMD (10/20/2025, 7:00:00 PM)
3.28
-0.36 (-9.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-9.89%
1 Week-24.77%
2 Weeks-22.64%
1 Month-48.75%
3 Month-78.45%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%15.13%
ATR Inc44.55%
Range Today0.27
ADR(20)0.36
ADR(20)%11.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High4.44
10 Day Low2.92
20 Day High6.81
20 Day Low2.92
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-6.43%
DER(5)-12.12%
Volume17.87K
Volume Incr44.86%
Vol(5)22.82K
Vol(50)11.34K