CI MARRET ALTERNATIVE ABSOLU (CMAR.CA) Stock Technical Analysis
TSX:CMAR - Toronto Stock Exchange - CA12560B1022 - ETF - Currency: CAD
Taking everything into account, CMAR scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CMAR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CMAR is a bad performer in the overall market: 65% of all stocks are doing better.
Warning: CMAR has an average volume of 2940 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
CMAR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CMAR is leading the market.
In the last month CMAR has a been trading in the 0.00 - 18.29 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
CMAR has a poor technical rating and the quality of the setup is also not perfect 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
17.63
18.86
When analyzing the support we notice one important area.
- A support zone ranging from 17.81 to 18.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.13 to 18.67. 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 | NEUTRAL | NEUTRAL | The long term trend for CMAR.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMAR.CA is up. |
| ChartMill Relative Strength | 35.75 | NEUTRAL | CMAR.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CMAR.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMAR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CMAR.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.84 | NEUTRAL | The RSI value for CMAR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CMAR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 99.87 | OVERBOUGHT | The high Stochastics value suggests CMAR.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10.39 | HIGH VOLATILITY | The high ATR as a percentage value for CMAR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 8.35 | NEGATIVE | The low ADX value for CMAR.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:CMAR (6/2/2025, 7:00:00 PM)
18.13
-0.03 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.17%
1 Week0.22%
2 Weeks0.39%
1 Month-1.04%
3 Month0.39%
6 Month-1.57%
12 Month1.45%
2 Year0.44%
3 Year-1.47%
5 Year-12.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.65
ATR(20)%10.39%
ATR Inc-97.94%
Range Today0.04
ADR(20)0.02
ADR(20)%0.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.75
Mansfield-0.53
10 Day High18.17
10 Day Low0
20 Day High18.29
20 Day Low0
52 Week High18.43
52 Week Low0
CS1 End18.12
CR1 Start18.13
Volume & EV
DER(3)0%
DER(5)0%
Volume2.71K
Volume Incr-86.5%
Vol(5)782.4
Vol(50)2.94K