CINEPLEX INC (CGX.CA) Stock Technical Analysis
TSX:CGX - Toronto Stock Exchange - CA1724541000 - Common Stock - Currency: CAD
We assign a technical rating of 7 out of 10 to CGX. Although CGX has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CGX is one of the better performing stocks in the Entertainment industry, it outperforms 72% of 12 stocks in the same industry.
In the last month CGX has a been trading in the 9.17 - 10.99 range, which is quite wide. It is currently trading near the high 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 80% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CGX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CGX is lagging the market slightly.
Although CGX has an excellent technical rating, it does not offer a high quality setup 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
8.74
11.03
We found 2 important support areas.
- A support zone ranging from 9.69 to 9.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.83 to 10.92. 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 CGX.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGX.CA is up. |
| ChartMill Relative Strength | 80.02 | POSITIVE | CGX.CA has a high relative strength, it outperformed 80.02% 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) | 66.4 | NEUTRAL | The RSI value for CGX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CGX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.62 | OVERBOUGHT | The high Stochastics value suggests CGX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for CGX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.16 | 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)
TSX:CGX (5/23/2025, 7:00:00 PM)
10.82
-0.09 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.82%
1 Week5.36%
2 Weeks6.81%
1 Month16.47%
3 Month0.09%
6 Month5.97%
12 Month33.42%
2 Year10.63%
3 Year-16.19%
5 Year-25.64%
10 Year-77.94%
15 Year-45.82%
Volatility
ATR(14)0.36
ATR(20)%3.29%
ATR Inc-8.42%
Range Today0.14
ADR(20)0.35
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.02
Mansfield0.53
10 Day High10.99
10 Day Low9.75
20 Day High10.99
20 Day Low9.17
52 Week High13.09
52 Week Low7.1
CS1 End9.84
CR1 Start10.83
Volume & EV
DER(3)4.84%
DER(5)2.79%
Volume162.15K
Volume Incr10.74%
Vol(5)184.33K
Vol(50)262.30K