CI MUNRO GLOBAL GRWTH EQY-U (CMGG-U.CA) Stock Technical Analysis
TSX:CMGG-U - Toronto Stock Exchange - CA12561Q2071 - ETF - Currency: USD
Taking everything into account, CMGG-U scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CMGG-U is a bad performer.
100% of all other stocks performed better in the past year than CMGG-U.
Warning: CMGG-U has an average volume of 4059 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.
In the last month CMGG-U has a been trading in the 28.45 - 36.31 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
CMGG-U has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
27.36
37.45
4 important support areas can be observed.
- A support zone ranging from 35.68 to 36.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.17 to 33.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.86 to 29.24. 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.
We found 1 important resistance area.
- A resistance zone ranging from 37.08 to 37.08. 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 | 0 | NEGATIVE | CMGG-U.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMGG-U.CA is above the rising 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) | 64.52 | NEUTRAL | The RSI value for CMGG-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests CMGG-U.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.42 | OVERBOUGHT | The high Stochastics value suggests CMGG-U.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CMGG-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.79 | NEUTRAL | The ADX value for CMGG-U.CA suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 37.09 | 35.67 | 1.42 (3.83%) | 25.00% |
| An entry @37.09. This is a Buy Stop order right above the resistance zone. | An exit @35.67. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.42 points, which is 3.83%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:CMGG-U (6/9/2025, 7:00:00 PM)
36.17
-0.16 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.44%
1 Week1.32%
2 Weeks6.44%
1 Month19.18%
3 Month-2.43%
6 Month25.11%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%2.35%
ATR Inc-73.86%
Range Today0
ADR(20)0.18
ADR(20)%0.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High36.31
10 Day Low34.7
20 Day High36.31
20 Day Low28.45
52 Week HighN/A
52 Week LowN/A
CS1 End36.16
CR1 Start37.08
Volume & EV
DER(3)0%
DER(5)-0.41%
Volume2.00K
Volume Incr54.82%
Vol(5)7.56K
Vol(50)4.06K