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COGECO INC (CGO.CA) Stock Technical Analysis

TSX:CGO - Toronto Stock Exchange - CA19238T1003 - Common Stock - Currency: CAD

62.87  -0.28 (-0.44%)

Technical Rating and Analysis

9

Overall CGO gets a technical rating of 9 out of 10. In the last year, CGO was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

Warning: CGO has an average volume of 22457 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!
Looking at the yearly performance, CGO did better than 82% of all other stocks.
CGO is part of the Diversified Telecommunication Services industry. There are 29 other stocks in this industry. CGO outperforms 78% of them.
CGO is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so CGO slightly outperforms the market at the moment.
In the last month CGO has a been trading in the 53.41 - 64.46 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
COGECO INC / CGO Weekly stock chart
COGECO INC / CGO Daily stock chart
Setup Rating and Analysis

6

CGO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 64.73. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

45.37

65.38

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 59.80 to 60.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 54.97 to 55.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @53.06 from a horizontal line in the daily time frame.
  • Support @45.83 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 64.73 to 64.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.54
Mansfield1.07
10 Day High64.46
10 Day Low60.33
20 Day High64.46
20 Day Low53.41
52 Week High65.34
52 Week Low46.25
Performance
1 Week1.98%
2 Weeks3.32%
1 Month1.16%
3 Month18%
6 Month4.73%
12 Month19.43%
2 Year17.16%
3 Year-19.35%
5 Year-27.13%
10 Year20.63%
15 Year124.62%
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)
Technical Indicators
MACD(12,26,9)0.29
RSI(14)57.45
LBB58.93
UBB64.38
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
64.7460.324.42 (6.83%)14.65%
An entry @64.74. This is a Buy Stop order right above the resistance zone.An exit @60.32. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 4.42 points, which is 6.83%.For a 1.00% total portfolio risk, you can invest 14.65% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
COGECO INC / CGO Daily stock chart

COGECO INC

TSX:CGO (5/2/2025, 7:00:00 PM)

62.87

-0.28 (-0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.44%
1 Week1.98%
2 Weeks3.32%
1 Month1.16%
3 Month18%
6 Month4.73%
12 Month19.43%
2 Year17.16%
3 Year-19.35%
5 Year-27.13%
10 Year20.63%
15 Year124.62%
Volatility
ATR(14)1.48
ATR(20)%3.23%
ATR Inc-38.28%
Range Today1.12
ADR(20)1.97
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.54
Mansfield1.07
10 Day High64.46
10 Day Low60.33
20 Day High64.46
20 Day Low53.41
52 Week High65.34
52 Week Low46.25
CS1 End60.62
CR1 Start64.73
Volume & EV
DER(3)-3.26%
DER(5)-1.33%
Volume5.48K
Volume Incr-42.13%
Vol(5)13.81K
Vol(50)22.46K