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CINEPLEX INC (CGX.CA) Stock Technical Analysis

TSX:CGX - Toronto Stock Exchange - CA1724541000 - Common Stock - Currency: CAD

10.79  +0.04 (+0.37%)

Technical Rating and Analysis

4

Taking everything into account, CGX scores 4 out of 10 in our technical rating. Although CGX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month CGX has a been trading in the 10.37 - 12.08 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CGX is one of the better performing stocks in the market, outperforming 79% of all stocks. We also observe that the gains produced by CGX over the past year are nicely spread over this period.
CGX is one of the better performing stocks in the Entertainment industry, it outperforms 83% of 13 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
Weekly and Daily overview Charts
CINEPLEX INC / CGX Weekly stock chart
CINEPLEX INC / CGX Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, CGX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.77, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CGX in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

9.85

11.37

2 important support areas can be observed.

  • A support zone ranging from 10.73 to 10.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 9.95 to 9.95. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 11.20 to 11.26. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS79.35
Mansfield0.39
10 Day High11.31
10 Day Low10.37
20 Day High12.08
20 Day Low10.37
52 Week High13.09
52 Week Low7.1
Performance
1 Week-2.18%
2 Weeks-2.62%
1 Month-9.33%
3 Month3.95%
6 Month11.7%
12 Month36.58%
2 Year31.27%
3 Year-22.04%
5 Year-67.29%
10 Year-78.37%
15 Year-42.94%
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)-0.04
RSI(14)34.07
LBB10.7
UBB11.34
CINEPLEX INC / CGX Daily stock chart

CINEPLEX INC

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

10.79

+0.04 (+0.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.37%
1 Week-2.18%
2 Weeks-2.62%
1 Month-9.33%
3 Month3.95%
6 Month11.7%
12 Month36.58%
2 Year31.27%
3 Year-22.04%
5 Year-67.29%
10 Year-78.37%
15 Year-42.94%
Volatility
ATR(14)0.32
ATR(20)%2.89%
ATR Inc-8.29%
Range Today0.23
ADR(20)0.3
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.35
Mansfield0.39
10 Day High11.31
10 Day Low10.37
20 Day High12.08
20 Day Low10.37
52 Week High13.09
52 Week Low7.1
CS1 End10.77
CR1 Start11.2
Volume & EV
DER(3)-0.64%
DER(5)4.48%
Volume148.94K
Volume Incr33.16%
Vol(5)275.95K
Vol(50)271.37K