CI MUNRO GLOBAL GRWTH EQY-U (CMGG-U.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CMGG-U - CA12561Q2071 - ETF
We assign a technical rating of 7 out of 10 to CMGG-U. Although CMGG-U is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: CMGG-U has an average volume of 2649 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- CMGG-U is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CMGG-U is lagging the market slightly.
- When compared to the yearly performance of all other stocks, CMGG-U outperforms 69% of them, which is more or less in line with the market.
- In the last month CMGG-U has a been trading in the 39.90 - 43.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although CMGG-U has an excellent technical rating, the quality of the presented setup is not ideal 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
27.36
We found 4 important support areas.
- A support zone ranging from 40.74 to 41.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.74 to 39.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.87 to 30.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 41.65 to 42.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.11 to 43.37. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for CMGG-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMGG-U.CA is up. |
| ChartMill Relative Strength | 69.95 | NEUTRAL | CMGG-U.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMGG-U.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMGG-U.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 51.7 | NEUTRAL | The RSI value for CMGG-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests CMGG-U.CA has a negative trend. |
| Stochastics (14,3) | 57.75 | NEUTRAL | The Stochastics value for CMGG-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for CMGG-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.03 | NEUTRAL | The ADX value for CMGG-U.CA suggests a possible start of a new trend. |
TSX:CMGG-U (1/23/2026, 7:00:00 PM)
41.51
-0.24 (-0.57%)
CI MUNRO GLOBAL GRWTH EQY-U / CMGG-U.CA FAQ
What is the ChartMill technical rating of CI MUNRO GLOBAL GRWTH EQY-U (CMGG-U.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to CMGG-U.CA.
Can you provide the trend direction for CI MUNRO GLOBAL GRWTH EQY-U?
The current trend direction for CI MUNRO GLOBAL GRWTH EQY-U (CMGG-U.CA) is Bullish.
What is the RSI signal for CI MUNRO GLOBAL GRWTH EQY-U (CMGG-U.CA) stock?
CI MUNRO GLOBAL GRWTH EQY-U (CMGG-U.CA) has an RSI value of 51.6991. This indicates that the stock is currently neutral.
What is the short term momentum for CMGG-U stock?
The short term momentum for CI MUNRO GLOBAL GRWTH EQY-U (CMGG-U.CA) is positive.
Can you provide the buy/sell signal for CI MUNRO GLOBAL GRWTH EQY-U?
The buy/sell signal for CI MUNRO GLOBAL GRWTH EQY-U (CMGG-U.CA) is buy as both the short term and long term trends are positive.