Canada - TSX-V:CMC - CA17178G3026 - Common Stock
Taking everything into account, CMC scores 0 out of 10 in our technical rating. CMC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CMC 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 0.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.05, a Stop Loss order could be placed below this zone.
0.05
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 | DOWN | NEGATIVE | The long term trend for CMC.CA is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMC.CA is neutral. |
ChartMill Relative Strength | 2.77 | NEGATIVE | CMC.CA has a low relative strength, it was outperformed by 97.23% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMC.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMC.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMC.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 47.77 | NEUTRAL | The RSI value for CMC.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CMC.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for CMC.CA is a neutral value. |
Average True Range in percent/ATR (20) | 10 | HIGH VOLATILITY | The high ATR as a percentage value for CMC.CA suggests high volalility. |
Average Directional Index/ADX (14) | 15.6 | NEGATIVE | The low ADX value for CMC.CA suggests a weak or negative trend. |
TSX-V:CMC (10/3/2025, 7:00:00 PM)
0.055
0 (-8.33%)