COMET INDUSTRIES (CMU.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CMU - CA2003481009 - Common Stock
Overall CMU gets a technical rating of 0 out of 10. CMU'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.
- 73% of all other stocks performed better in the past year than CMU.
- In the last month CMU has a been trading in the 3.40 - 4.50 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: CMU has an average volume of 5324 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- CMU is part of the Real Estate Management & Development industry. There are 33 other stocks in this industry, CMU did better than 56% of them.
- CMU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMU is lagging the market.
- Considerably lower volume is observed in the last couple of days.
The technical rating of CMU is bad and it also does not present a quality setup 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.
More info and screens
3.41
We found 2 important support areas.
- A support zone ranging from 3.56 to 3.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.44 to 3.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.93 to 4.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.41 to 4.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.60 from a horizontal line in the daily 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 CMU.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMU.CA is down. |
| ChartMill Relative Strength | 27.61 | NEGATIVE | CMU.CA has a low relative strength, it was outperformed by 72.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMU.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CMU.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.38 | NEUTRAL | The RSI value for CMU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CMU.CA has a negative trend. |
| Stochastics (14,3) | 42.73 | NEUTRAL | The Stochastics value for CMU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for CMU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.93 | NEGATIVE | The low ADX value for CMU.CA suggests a weak or negative trend. |
TSX-V:CMU (1/14/2026, 7:00:00 PM)
3.61
-0.39 (-9.75%)
COMET INDUSTRIES / CMU.CA FAQ
Can you provide the ChartMill technical rating for COMET INDUSTRIES?
ChartMill assigns a technical rating of 0 / 10 to CMU.CA.
Can you provide the trend direction for COMET INDUSTRIES?
The current trend direction for COMET INDUSTRIES (CMU.CA) is Bearish.
Can you provide the RSI signal for COMET INDUSTRIES?
COMET INDUSTRIES (CMU.CA) has an RSI value of 42.3824. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COMET INDUSTRIES?
The MACD indicator for COMET INDUSTRIES (CMU.CA) has a value of -0.00744059, indicating a bearish trend.
What is the buy/sell signal for CMU stock?
The buy/sell signal for COMET INDUSTRIES (CMU.CA) is sell as both the short term and long term trends are negative.