NYSEARCA:CGMS - NYSE Arca - US14020Y3009 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to CGMS. In the last year, CGMS was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Although the technical rating is only medium, CGMS does present a nice setup opportunity. 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 27.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CGMS in the last couple of days, which is a good sign.
26.56
We found 1 important support area.
When analyzing the resistance we notice one important area.
NYSEARCA:CGMS (3/7/2025, 8:13:01 PM)
27.51
-0.01 (-0.04%)