CI GOLD GIANTS COVERED CALL (CGXF.CA) Stock Technical Analysis
TSX:CGXF - Toronto Stock Exchange - CA12558N1006 - ETF - Currency: CAD
Taking everything into account, CGXF scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CGXF is showing a nice and steady performance.
Warning: CGXF has an average volume of 24223 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CGXF did better than 84% of all other stocks. We also observe that the gains produced by CGXF over the past year are nicely spread over this period.
CGXF is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month CGXF has a been trading in the 11.46 - 12.54 range, which is quite wide. It is currently trading near the high of this range.
CGXF has an excellent technical rating, but the quality of the setup is only medium 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
9.75
12.72
When analyzing the support we can see 5 important areas.
- A support zone ranging from 12.06 to 12.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.80 to 11.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.75 from a trend line in the weekly time frame.
- A support zone ranging from 10.31 to 10.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.85 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.41 to 12.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.94
Mansfield1.16
10 Day High12.54
10 Day Low11.46
20 Day High12.54
20 Day Low11.46
52 Week High12.6
52 Week Low8.82
Performance
1 Week4.64%
2 Weeks2.82%
1 Month2.56%
3 Month14.18%
6 Month19%
12 Month37.47%
2 Year10.71%
3 Year-6.34%
5 Year24%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)61.84
LBB11.77
UBB12.44
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 |
|---|---|---|---|
| 12.60 | 12.05 | 0.55 (4.37%) | 22.91% |
| An entry @12.60. This is a Buy Stop order right above the resistance zone. | An exit @12.05. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.55 points, which is 4.37%. | For a 1.00% total portfolio risk, you can invest 22.91% 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:CGXF (3/7/2025, 7:00:00 PM)
12.4
+0.2 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.64%
1 Week4.64%
2 Weeks2.82%
1 Month2.56%
3 Month14.18%
6 Month19%
12 Month37.47%
2 Year10.71%
3 Year-6.34%
5 Year24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%2.03%
ATR Inc-0.96%
Range Today0.28
ADR(20)0.21
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.94
Mansfield1.16
10 Day High12.54
10 Day Low11.46
20 Day High12.54
20 Day Low11.46
52 Week High12.6
52 Week Low8.82
CS1 End12.14
CR1 Start12.41
Volume & EV
DER(3)2.68%
DER(5)2.91%
Volume57.31K
Volume Incr2.35%
Vol(5)31.78K
Vol(50)24.22K