COGECO INC (CGO.CA) Stock Technical Analysis
TSX:CGO - Toronto Stock Exchange - CA19238T1003 - Common Stock - Currency: CAD
Taking everything into account, CGO scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CGO is showing a nice and steady performance.
Warning: CGO has an average volume of 10570 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!
When comparing the yearly performance of all stocks, we notice that CGO is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by CGO over the past year are nicely spread over this period.
CGO is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 82% of 30 stocks in the same industry.
CGO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CGO has a been trading in the 64.01 - 68.99 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CGO has an excellent technical rating, it does not present a decent entry opportunity 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
45.37
69.55
When analyzing the support we can see 4 important areas.
- A support zone ranging from 64.21 to 66.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.69 from a horizontal line in the daily time frame.
- A support zone ranging from 57.87 to 58.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.83 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for CGO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGO.CA is up. |
| ChartMill Relative Strength | 78.39 | POSITIVE | CGO.CA has a high relative strength, it outperformed 78.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGO.CA is above the rising 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) | 70.15 | OVERBOUGHT | The high RSI value suggests CGO.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests CGO.CA has a positive trend. |
| Stochastics (14,3) | 95.8 | OVERBOUGHT | The high Stochastics value suggests CGO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for CGO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.08 | 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 (7/4/2025, 7:00:00 PM)
68.86
+0.02 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.03%
1 Week6.48%
2 Weeks6.02%
1 Month4.13%
3 Month15.21%
6 Month15.04%
12 Month40.56%
2 Year31.97%
3 Year0.91%
5 Year-15.52%
10 Year17.85%
15 Year131.46%
Volatility
ATR(14)1.25
ATR(20)%1.85%
ATR Inc11.74%
Range Today1.11
ADR(20)1.26
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.39
Mansfield0.7
10 Day High68.99
10 Day Low64.11
20 Day High68.99
20 Day Low64.01
52 Week High68.99
52 Week Low47.25
CS1 End66.27
CR1 StartN/A
Volume & EV
DER(3)-0.35%
DER(5)0.29%
Volume13.78K
Volume Incr109.21%
Vol(5)18.83K
Vol(50)10.57K