EPA:CGM - Euronext Paris - Matif - FR0000053506 - Common Stock - Currency: EUR
Taking everything into account, CGM scores 8 out of 10 in our technical rating. Although CGM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, CGM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CGM in the last couple of days, which is a good sign.
11.39
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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 |
---|---|---|---|
13.53 | 13.17 | 0.36 (2.66%) | 25.00% |
An entry @13.53. This is a Buy Stop order right above the resistance zone. | An exit @13.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.36 points, which is 2.66%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.67%. |
EPA:CGM (3/7/2025, 7:00:00 PM)
13.4
+0.05 (+0.37%)