CI MUNRO GLOBAL GROWTH EQTY (CMGG.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CMGG - CA12561Q1081 - ETF
Overall CMGG gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CMGG is only an average performer.
CMGG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 40.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 40.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CMGG 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.
More info and screens
32.22
2 important support areas can be observed.
- A support zone ranging from 38.71 to 40.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.55 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 40.40 to 40.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.23 to 42.39. 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMGG.CA is up. |
| ChartMill Relative Strength | 56.58 | NEUTRAL | CMGG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMGG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMGG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMGG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.75 | NEUTRAL | The RSI value for CMGG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CMGG.CA has a positive trend. |
| Stochastics (14,3) | 85.04 | OVERBOUGHT | The high Stochastics value suggests CMGG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for CMGG.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.22 | NEGATIVE | The low ADX value for CMGG.CA suggests a weak or negative 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 |
|---|---|---|---|
| 40.73 | 38.96 | 1.77 (4.35%) | 23.01% |
| An entry @40.73. This is a Buy Stop order right above the resistance zone. | An exit @38.96. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.77 points, which is 4.35%. | For a 1.00% total portfolio risk, you can invest 23.01% 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 (12/24/2025, 7:00:00 PM)
40.32
-0.01 (-0.02%)
CI MUNRO GLOBAL GROWTH EQTY / CMGG.CA FAQ
Can you provide the ChartMill technical rating for CI MUNRO GLOBAL GROWTH EQTY?
ChartMill assigns a technical rating of 6 / 10 to CMGG.CA.
What is the trend direction for CMGG stock?
The current trend direction for CI MUNRO GLOBAL GROWTH EQTY (CMGG.CA) is Bullish.
What is the RSI signal for CI MUNRO GLOBAL GROWTH EQTY (CMGG.CA) stock?
CI MUNRO GLOBAL GROWTH EQTY (CMGG.CA) has an RSI value of 52.7459. This indicates that the stock is currently neutral.
What is the buy/sell signal for CI MUNRO GLOBAL GROWTH EQTY (CMGG.CA) stock?
The buy/sell signal for CI MUNRO GLOBAL GROWTH EQTY (CMGG.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CMGG stock?
CI MUNRO GLOBAL GROWTH EQTY (CMGG.CA) has a support level at 40.06 and a resistance level at 40.4. Check the full technical report for our detailed analysis of CMGG.CA support and resistance levels.