Canada - TSX:CGR - CA46433A2065 - ETF
Taking everything into account, CGR scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CGR is a bad performer.
CGR has only a medium technical rating, but it does show 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 31.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.07, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
28.29
We found 3 important support areas.
We can see 2 important resistance areas.
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 CGR.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGR.CA is up. |
ChartMill Relative Strength | 21.39 | NEGATIVE | CGR.CA has a low relative strength, it was outperformed by 78.61% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGR.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGR.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CGR.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 57.3 | NEUTRAL | The RSI value for CGR.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CGR.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 90.31 | OVERBOUGHT | The high Stochastics value suggests CGR.CA may be overbought. |
Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for CGR.CA suggests low volalility. |
Average Directional Index/ADX (14) | 21.88 | NEUTRAL | The ADX value for CGR.CA suggests a possible start of a new trend. |
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.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
31.51 | 30.32 | 1.19 (3.78%) | 25.00% |
An entry @31.51. This is a Buy Stop order right above the 10 day high. | An exit @30.32. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.19 points, which is 3.78%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
TSX:CGR (9/15/2025, 7:00:00 PM)
31.26
-0.14 (-0.45%)