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COMPUTER MODELLING GROUP LTD (CMG.CA) Stock Technical Analysis

TSX:CMG - Toronto Stock Exchange - CA2052491057 - Common Stock - Currency: CAD

10.65  -0.12 (-1.11%)

Technical Rating and Analysis

4

Overall CMG gets a technical rating of 4 out of 10. CMG has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

In the last month CMG has a been trading in the 10.11 - 10.86 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.
When compared to the yearly performance of all other stocks, CMG outperforms 43% of them, which is more or less in line with the market.
CMG is part of the Software industry. There are 68 other stocks in this industry, CMG did better than 52% of them.
CMG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMG is lagging the market.
Weekly and Daily overview Charts
COMPUTER MODELLING GROUP LTD / CMG Weekly stock chart
COMPUTER MODELLING GROUP LTD / CMG Daily stock chart
Setup Rating and Analysis

8

CMG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.56, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CMG in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

9.62

12.87

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 10.26 to 10.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @9.95 from a horizontal line in the weekly time frame.
  • A support zone ranging from 9.72 to 9.72. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 10.66 to 10.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @11.11 from a trend line in the weekly time frame.
  • Resistance @11.40 from a horizontal line in the daily time frame.
  • Resistance @12.05 from a trend line in the daily time frame.
  • Resistance @12.74 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.69
Mansfield-1.47
10 Day High10.86
10 Day Low10.11
20 Day High10.86
20 Day Low10.11
52 Week High14.73
52 Week Low8.67
Performance
1 Week3.1%
2 Weeks3.9%
1 Month4%
3 Month-14.32%
6 Month-17.19%
12 Month21.02%
2 Year53.24%
3 Year94.7%
5 Year52.8%
10 Year-16.14%
15 Year917.31%
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)56.9
LBB10.06
UBB10.74
COMPUTER MODELLING GROUP LTD / CMG Daily stock chart

COMPUTER MODELLING GROUP LTD

TSX:CMG (2/7/2025, 7:00:00 PM)

10.65

-0.12 (-1.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.11%
1 Week3.1%
2 Weeks3.9%
1 Month4%
3 Month-14.32%
6 Month-17.19%
12 Month21.02%
2 Year53.24%
3 Year94.7%
5 Year52.8%
10 Year-16.14%
15 Year917.31%
Volatility
ATR(14)0.25
ATR(20)%2.23%
ATR Inc17%
Range Today0.28
ADR(20)0.24
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.69
Mansfield-1.47
10 Day High10.86
10 Day Low10.11
20 Day High10.86
20 Day Low10.11
52 Week High14.73
52 Week Low8.67
CS1 End10.56
CR1 Start10.66
Volume & EV
DER(3)5.71%
DER(5)8.55%
Volume66.83K
Volume Incr-19.22%
Vol(5)127.67K
Vol(50)172.84K