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.
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.
27.36
4 important support areas can be observed.
We found 1 important resistance area.
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. |
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. |
TSX:CMGG-U (6/9/2025, 7:00:00 PM)
36.17
-0.16 (-0.44%)