TSX:CMMC - Toronto Stock Exchange - CA21750U1012 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to CMMC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CMMC is showing a nice and steady performance.
Although CMMC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
1.69
We found 7 important support areas.
We found 1 important resistance area.
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 CMMC.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMMC.CA is up. |
ChartMill Relative Strength | 94.52 | POSITIVE | CMMC.CA has a high relative strength, it outperformed 94.52% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMMC.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMMC.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMMC.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 53.56 | NEUTRAL | The RSI value for CMMC.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CMMC.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 71.98 | NEUTRAL | The Stochastics value for CMMC.CA is a neutral value. |
Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for CMMC.CA suggests some volalility. |
Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for CMMC.CA suggests a weak or negative trend. |
Copper Mountain Mining Corporation
TSX:CMMC (6/21/2023, 7:00:00 PM)
2.49
-0.03 (-1.19%)