COGECO INC (CGO.CA) Stock Technical Analysis
TSX:CGO - Toronto Stock Exchange - CA19238T1003 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to CGO. CGO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month CGO has a been trading in the 60.27 - 69.50 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: CGO has an average volume of 13925 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 neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, CGO turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
CGO is part of the Diversified Telecommunication Services industry. There are 30 other stocks in this industry, CGO did better than 41% of them.
CGO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CGO is lagging the market.
The technical rating of CGO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
45.37
69.63
When analyzing the support we can see 5 important areas.
- A support zone ranging from 62.69 to 62.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.26 from a horizontal line in the daily time frame.
- Support @59.26 from a trend line in the daily time frame.
- Support @58.29 from a trend line in the weekly time frame.
- Support @45.83 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 64.52 to 67.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 68.86 to 68.94. 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 CGO.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CGO.CA is neutral. |
| ChartMill Relative Strength | 53.58 | NEUTRAL | CGO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.28 | NEUTRAL | The RSI value for CGO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.65 | NEGATIVE | The MACD value suggests CGO.CA has a negative trend. |
| Stochastics (14,3) | 30.96 | NEUTRAL | The Stochastics value for CGO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for CGO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.32 | POSITIVE | The high ADX value value for CGO.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:CGO (7/17/2025, 7:00:00 PM)
62.91
+1.64 (+2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg2.68%
1 Week-8.75%
2 Weeks-8.61%
1 Month-3.2%
3 Month3.39%
6 Month17.33%
12 Month18.68%
2 Year20.56%
3 Year-7.81%
5 Year-22.82%
10 Year7.67%
15 Year111.46%
Volatility
ATR(14)1.82
ATR(20)%2.5%
ATR Inc273.49%
Range Today2.98
ADR(20)1.53
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.58
Mansfield-0.31
10 Day High69.5
10 Day Low60.27
20 Day High69.5
20 Day Low60.27
52 Week High69.5
52 Week Low51.56
CS1 End62.9
CR1 Start64.52
Volume & EV
DER(3)-9.04%
DER(5)-9.27%
Volume82.92K
Volume Incr313.84%
Vol(5)47.96K
Vol(50)13.93K