TSX:CMCX-B - Toronto Stock Exchange - CA17165B2093 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to CMCX-B. Although CMCX-B is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CMCX-B has an excellent technical rating, but the quality of the setup is only medium 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.
11.68
When analyzing the support we can see 4 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 | UP | POSITIVE | The long term trend for CMCX-B.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMCX-B.CA is up. |
ChartMill Relative Strength | 71.9 | POSITIVE | CMCX-B.CA has a high relative strength, it outperformed 71.9% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMCX-B.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMCX-B.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMCX-B.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 60.46 | NEUTRAL | The RSI value for CMCX-B.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CMCX-B.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 58.36 | NEUTRAL | The Stochastics value for CMCX-B.CA is a neutral value. |
Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for CMCX-B.CA suggests some volalility. |
Average Directional Index/ADX (14) | 22.42 | NEUTRAL | The ADX value for CMCX-B.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
17.26 | 15.45 | 1.81 (10.49%) | 9.54% |
An entry @17.26. This is a Buy Stop order right above the 10 day high. | An exit @15.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.81 points, which is 10.49%. | When investing 9.54% of your capital in this trade, your total portfolio risk will be 1.00%. |
TSX:CMCX-B (6/11/2025, 7:00:00 PM)
16.21
+0.6 (+3.84%)