Logo image of CMGG-U.CA

CI MUNRO GLOBAL GRWTH EQY-U (CMGG-U.CA) Stock Technical Analysis

TSX:CMGG-U - Toronto Stock Exchange - CA12561Q2071 - ETF - Currency: USD

36.17  -0.16 (-0.44%)

Technical Rating and Analysis

7

Overall CMGG-U gets a technical rating of 7 out of 10. Although CMGG-U is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, CMGG-U is a bad performer in the overall market: 100% of all stocks are doing better.
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.
Weekly and Daily overview Charts
CI MUNRO GLOBAL GRWTH EQY-U / CMGG-U Weekly stock chart
CI MUNRO GLOBAL GRWTH EQY-U / CMGG-U Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, CMGG-U also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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.
Support and Resistance Analysis

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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CMGG-U.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CMGG-U.CA is up.
ChartMill Relative Strength0NEGATIVECMGG-U.CA has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CMGG-U.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CMGG-U.CA is above the rising SMA(50).
Relative Strength Index/RSI (14)64.52NEUTRALThe RSI value for CMGG-U.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.36POSITIVEThe MACD value suggests CMGG-U.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)99.42OVERBOUGHTThe high Stochastics value suggests CMGG-U.CA may be overbought.
Average True Range in percent/ATR (20)2.35MEDIUM VOLATILITYThe ATR as a percentage value for CMGG-U.CA suggests some volalility.
Average Directional Index/ADX (14)23.79NEUTRALThe ADX value for CMGG-U.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
37.0935.671.42 (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 trade has a worst case loss of 1.42 points, which is 3.83%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%.

  • 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.
CI MUNRO GLOBAL GRWTH EQY-U / CMGG-U Daily stock chart

CI MUNRO GLOBAL GRWTH EQY-U

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