C-COM SATELLITE SYSTEMS INC (CMI.CA) Stock Technical Analysis
TSX-V:CMI - TSX Venture Exchange - CA1250091008 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to CMI. CMI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
83% of all other stocks performed better in the past year than CMI.
CMI is one of the lesser performing stocks in the Communications Equipment industry. 63% of 12 stocks in the same industry do better.
Warning: CMI has an average volume of 11178 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 0.93 - 1.07 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CMI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMI is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, CMI does present a nice setup opportunity. 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 1.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.97, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
0.92
1.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.97 to 0.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.93 to 0.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.01 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.22 to 1.23. 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 | DOWN | NEGATIVE | The long term trend for CMI.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMI.CA is down. |
| ChartMill Relative Strength | 17.6 | NEGATIVE | CMI.CA has a low relative strength, it was outperformed by 82.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMI.CA is above the rising 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) | 49.5 | NEUTRAL | The RSI value for CMI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CMI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.63 | NEUTRAL | The Stochastics value for CMI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.3 | HIGH VOLATILITY | The high ATR as a percentage value for CMI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.17 | 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 (7/4/2025, 7:00:00 PM)
1.01
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0%
1 Week-0.98%
2 Weeks-2.88%
1 Month-5.61%
3 Month1%
6 Month-15.13%
12 Month-15.83%
2 Year-15.83%
3 Year-45.7%
5 Year-63.27%
10 Year-3.81%
15 Year248.28%
Volatility
ATR(14)0.05
ATR(20)%5.3%
ATR Inc-71.23%
Range Today0
ADR(20)0.03
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.6
Mansfield-1.91
10 Day High1.05
10 Day Low0.97
20 Day High1.07
20 Day Low0.93
52 Week High1.47
52 Week Low0
CS1 End0.97
CR1 Start1.01
Volume & EV
DER(3)0%
DER(5)0%
Volume15.94K
Volume Incr244.45%
Vol(5)29.58K
Vol(50)11.18K