CI MUNRO ALTERNATIVE GLOBAL (CMAG.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CMAG - CA1255311039 - ETF
We assign a technical rating of 4 out of 10 to CMAG. CMAG was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- When comparing the yearly performance of all stocks, CMAG is a bad performer in the overall market: 69% of all stocks are doing better.
- Warning: CMAG has an average volume of 1982 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- CMAG 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 CMAG is lagging the market slightly.
- In the last month CMAG has a been trading in the 41.09 - 44.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CMAG has an average technical rating and it also 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
34.37
2 important support areas can be observed.
- A support zone ranging from 40.72 to 42.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.72 to 44.80. This zone is formed by a combination of multiple trend lines and important moving averages 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 CMAG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMAG.CA is neutral. |
| ChartMill Relative Strength | 31.51 | NEUTRAL | CMAG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CMAG.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMAG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMAG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.5 | NEUTRAL | The RSI value for CMAG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CMAG.CA has a negative trend. |
| Stochastics (14,3) | 48.19 | NEUTRAL | The Stochastics value for CMAG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for CMAG.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.06 | NEGATIVE | The low ADX value for CMAG.CA suggests a weak or negative trend. |
TSX:CMAG (1/20/2026, 7:00:00 PM)
42.63
-0.45 (-1.04%)
CI MUNRO ALTERNATIVE GLOBAL / CMAG.CA FAQ
Can you provide the ChartMill technical rating for CI MUNRO ALTERNATIVE GLOBAL?
ChartMill assigns a technical rating of 4 / 10 to CMAG.CA.
What is the trend direction for CMAG stock?
The current trend direction for CI MUNRO ALTERNATIVE GLOBAL (CMAG.CA) is Bullish.
Can you provide the RSI signal for CI MUNRO ALTERNATIVE GLOBAL?
CI MUNRO ALTERNATIVE GLOBAL (CMAG.CA) has an RSI value of 46.4979. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CI MUNRO ALTERNATIVE GLOBAL?
CI MUNRO ALTERNATIVE GLOBAL (CMAG.CA) has a support level at 42.15 and a resistance level at 42.72. Check the full technical report for our detailed analysis of CMAG.CA support and resistance levels.