CINEPLEX INC (CGX.CA) Stock Technical Analysis
TSX:CGX - Toronto Stock Exchange - CA1724541000 - Common Stock - Currency: CAD
Overall CGX gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CGX is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, CGX did better than 82% of all other stocks.
CGX is one of the better performing stocks in the Entertainment industry, it outperforms 92% of 14 stocks in the same industry.
CGX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CGX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CGX is lagging the market.
CGX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.48, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.98
11.71
3 important support areas can be observed.
- A support zone ranging from 11.31 to 11.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.01 to 11.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.07 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.51 to 11.59. 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 | UP | POSITIVE | The long term trend for CGX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CGX.CA is neutral. |
| ChartMill Relative Strength | 82.57 | POSITIVE | CGX.CA has a high relative strength, it outperformed 82.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.42 | NEUTRAL | The RSI value for CGX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CGX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.89 | NEUTRAL | The Stochastics value for CGX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for CGX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.29 | POSITIVE | The high ADX value value for CGX.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)
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 |
|---|---|---|---|
| 11.60 | 11.30 | 0.30 (2.59%) | 25.00% |
| An entry @11.60. This is a Buy Stop order right above the resistance zone. | An exit @11.30. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.30 points, which is 2.59%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CGX. Please evaluate whether better entry and exit points can be found.
- 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.
TSX:CGX (7/11/2025, 7:00:00 PM)
11.5
+0.03 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.26%
1 Week-0.09%
2 Weeks1.41%
1 Month2.31%
3 Month33.26%
6 Month-3.04%
12 Month36.09%
2 Year25%
3 Year2.5%
5 Year43.75%
10 Year-75.86%
15 Year-43.27%
Volatility
ATR(14)0.34
ATR(20)%2.76%
ATR Inc12.7%
Range Today0.39
ADR(20)0.31
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.57
Mansfield0.05
10 Day High12.26
10 Day Low11.21
20 Day High12.26
20 Day Low11.03
52 Week High13.09
52 Week Low8.35
CS1 End11.48
CR1 Start11.51
Volume & EV
DER(3)-1.13%
DER(5)-2.83%
Volume303.23K
Volume Incr5.14%
Vol(5)208.97K
Vol(50)208.20K