COMPUTER MODELLING GROUP LTD (CMG.CA) Stock Technical Analysis
TSX:CMG - Toronto Stock Exchange - CA2052491057 - Common Stock - Currency: CAD
Overall CMG gets a technical rating of 4 out of 10. In the past year, CMG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CMG is a bad performer in the overall market: 82% of all stocks are doing better.
CMG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CMG is lagging the market.
In the last month CMG has a been trading in the 7.43 - 8.58 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CMG is part of the Software industry. There are 63 other stocks in this industry, CMG did better than 40% of them.
Considerably lower volume is observed in the last couple of days.
CMG 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
7.09
10.30
We found 2 important support areas.
- A support zone ranging from 7.79 to 7.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.16 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 8.22 to 8.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.52 to 8.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.23 from a trend line in the daily time frame.
- Resistance @9.60 from a trend line in the weekly time frame.
- Resistance @10.20 from a trend line in the daily time frame.
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 CMG.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMG.CA is up. |
| ChartMill Relative Strength | 18.39 | NEGATIVE | CMG.CA has a low relative strength, it was outperformed by 81.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.83 | NEUTRAL | The RSI value for CMG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CMG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.37 | NEUTRAL | The Stochastics value for CMG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for CMG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.65 | NEGATIVE | The low ADX value for CMG.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:CMG (5/21/2025, 7:00:00 PM)
8.2
-0.31 (-3.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.64%
1 Week0.12%
2 Weeks3.14%
1 Month8.18%
3 Month-2.03%
6 Month-21.68%
12 Month-33.92%
2 Year19.53%
3 Year63.35%
5 Year78.26%
10 Year-40.45%
15 Year628.08%
Volatility
ATR(14)0.22
ATR(20)%2.65%
ATR Inc47.1%
Range Today0.32
ADR(20)0.21
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.39
Mansfield-2.73
10 Day High8.58
10 Day Low7.85
20 Day High8.58
20 Day Low7.43
52 Week High14.73
52 Week Low6.71
CS1 End7.82
CR1 Start8.22
Volume & EV
DER(3)1.52%
DER(5)3.87%
Volume127.99K
Volume Incr-22.03%
Vol(5)81.30K
Vol(50)141.03K