HAMILTN CHMP CA DVD INDX ETF (CMVP.CA) Stock Technical Analysis
TSX:CMVP - Toronto Stock Exchange - CA4069131031 - ETF - Currency: CAD
Taking everything into account, CMVP scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CMVP is a bad performer.
CMVP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CMVP 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.
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16.43
When analyzing the support we notice one important area.
- A support zone ranging from 16.60 to 17.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.11 to 17.22. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for CMVP.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMVP.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CMVP.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMVP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMVP.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.9 | NEUTRAL | The RSI value for CMVP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CMVP.CA has a negative trend. |
| Stochastics (14,3) | 70.16 | NEUTRAL | The Stochastics value for CMVP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for CMVP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.65 | NEUTRAL | The ADX value for CMVP.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.23 | 16.83 | 0.40 (2.32%) | 25.00% |
| An entry @17.23. This is a Buy Stop order right above the resistance zone. | An exit @16.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.40 points, which is 2.32%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:CMVP (8/7/2025, 7:00:00 PM)
17.09
-0.08 (-0.47%)