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 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than CMI.
CMI is part of the Communications Equipment industry. There are 12 other stocks in this industry, of which 81% are performing better than CMI.
CMI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
CMI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: CMI has an average volume of 13377 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed 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 0.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CMI 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
0.90
1.23
When analyzing the support we notice one important area.
- A support zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 0.96 to 0.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.03 from a trend line in the daily time frame.
- A resistance zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.22 to 1.22. 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 | 11.75 | NEGATIVE | CMI.CA has a low relative strength, it was outperformed by 88.25% 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) | DOWN | NEGATIVE | The current price of CMI.CA is below 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) | 42.91 | 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) | 23.81 | NEUTRAL | The Stochastics value for CMI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for CMI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.63 | 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 (7/30/2025, 7:00:00 PM)
0.92
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0%
1 Week0%
2 Weeks-8%
1 Month-12.38%
3 Month-6.12%
6 Month-14.81%
12 Month-25.2%
2 Year-23.33%
3 Year-50.54%
5 Year-66.55%
10 Year-12.38%
15 Year217.24%
Volatility
ATR(14)0.04
ATR(20)%4.57%
ATR Inc-57.58%
Range Today0
ADR(20)0.03
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.75
Mansfield-2.55
10 Day High0.99
10 Day Low0.9
20 Day High1.04
20 Day Low0.9
52 Week High1.47
52 Week Low0.9
CS1 End0.91
CR1 Start0.96
Volume & EV
DER(3)48.81%
DER(5)29.29%
Volume4.50K
Volume Incr-58.78%
Vol(5)8.08K
Vol(50)13.38K