CI GOLD GIANTS COVERED CALL (CGXF.CA) Stock Technical Analysis
TSX:CGXF - Toronto Stock Exchange - CA12558N1006 - ETF - Currency: CAD
We assign a technical rating of 3 out of 10 to CGXF. In the last year, CGXF was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month CGXF has a been trading in the 13.47 - 14.79 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CGXF has an average volume of 17257 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CGXF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CGXF is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, CGXF outperforms 50% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
CGXF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.56, a Stop Loss order could be placed below this zone.
More info and screens
10.32
14.84
When analyzing the support we can see 4 important areas.
- A support zone ranging from 13.56 to 13.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.62 from a trend line in the weekly time frame.
- Support @10.72 from a trend line in the weekly time frame.
- Support @10.42 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 13.79 to 14.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.61 to 14.69. 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 CGXF.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CGXF.CA is down. |
| ChartMill Relative Strength | 50.9 | NEUTRAL | CGXF.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGXF.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGXF.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGXF.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.14 | NEUTRAL | The RSI value for CGXF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CGXF.CA has a negative trend. |
| Stochastics (14,3) | 35.85 | NEUTRAL | The Stochastics value for CGXF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for CGXF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.52 | NEGATIVE | The low ADX value for CGXF.CA suggests a weak or negative 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:CGXF (7/17/2025, 7:00:00 PM)
13.65
-0.13 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.94%
1 Week-1.3%
2 Weeks-2.78%
1 Month-5.67%
3 Month-4.88%
6 Month24.2%
12 Month24.66%
2 Year29.51%
3 Year44.44%
5 Year-17.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%2.07%
ATR Inc-3.71%
Range Today0.17
ADR(20)0.21
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.9
Mansfield0.35
10 Day High14.27
10 Day Low13.5
20 Day High14.79
20 Day Low13.48
52 Week High14.85
52 Week Low10.02
CS1 End13.56
CR1 Start13.79
Volume & EV
DER(3)2.01%
DER(5)-1.34%
Volume93.67K
Volume Incr123.82%
Vol(5)30.36K
Vol(50)17.26K