C-COM SATELLITE SYSTEMS INC (CMI.CA) Stock Technical Analysis
TSX-V:CMI - TSX Venture Exchange - CA1250091008 - Common Stock - Currency: CAD
Taking everything into account, CMI scores 1 out of 10 in our technical rating. CMI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
77% of all other stocks performed better in the past year than CMI.
Warning: CMI has an average volume of 9799 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CMI has a been trading in the 0.92 - 1.07 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, which is what you like to see during a strong movement up.
CMI is part of the Communications Equipment industry. There are 11 other stocks in this industry, CMI did better than 50% of them.
CMI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CMI is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CMI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.92
1.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.00 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.96 from a trend line in the weekly time frame.
- A support zone ranging from 0.93 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @1.10 from a trend line in the daily time frame.
- Resistance @1.12 from a trend line in the weekly time frame.
- Resistance @1.15 from a trend line in the daily time frame.
- A resistance zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.25 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for CMI.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMI.CA is neutral. |
| ChartMill Relative Strength | 23.72 | NEGATIVE | CMI.CA has a low relative strength, it was outperformed by 76.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CMI.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.47 | NEUTRAL | The RSI value for CMI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CMI.CA has a positive trend. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests CMI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for CMI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.77 | NEUTRAL | The ADX value for CMI.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)
TSX-V:CMI (6/2/2025, 7:00:00 PM)
1.07
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0%
1 Week12.63%
2 Weeks10.31%
1 Month9.18%
3 Month-6.96%
6 Month-13.71%
12 Month-9.32%
2 Year-20.74%
3 Year-50.23%
5 Year-51.36%
10 Year-4.46%
15 Year282.14%
Volatility
ATR(14)0.06
ATR(20)%5.33%
ATR Inc-1.18%
Range Today0.09
ADR(20)0.04
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.72
Mansfield-1.14
10 Day High1.07
10 Day Low0.92
20 Day High1.07
20 Day Low0.92
52 Week High1.47
52 Week Low0
CS1 End1.02
CR1 Start1.1
Volume & EV
DER(3)-4.77%
DER(5)-7.15%
Volume1.03K
Volume Incr93.45%
Vol(5)21.40K
Vol(50)9.80K