COMPUTER MODELLING GROUP LTD (CMG.CA) Stock Technical Analysis
TSX:CMG - Toronto Stock Exchange - CA2052491057 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to CMG. In the past year, CMG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
CMG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
When comparing the performance of all stocks over the past year, CMG turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
CMG is an average performer in the Software industry, it outperforms 53% of 66 stocks in the same industry.
In the last month CMG has a been trading in the 10.11 - 10.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CMG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 10.58, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CMG 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.
More info and screens
9.62
12.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.26 to 10.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.95 from a horizontal line in the weekly time frame.
- A support zone ranging from 9.72 to 9.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 10.66 to 10.67. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 10.90 to 11.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.40 from a horizontal line in the daily time frame.
- Resistance @12.03 from a trend line in the daily time frame.
- Resistance @12.74 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.23
Mansfield-1.57
10 Day High10.96
10 Day Low10.12
20 Day High10.96
20 Day Low10.11
52 Week High14.73
52 Week Low9.13
Performance
1 Week2.32%
2 Weeks2.12%
1 Month3.92%
3 Month8.94%
6 Month-16.73%
12 Month11.58%
2 Year52.52%
3 Year93.78%
5 Year52.08%
10 Year-16.54%
15 Year912.54%
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)0.06
RSI(14)52.82
LBB10.06
UBB10.88
COMPUTER MODELLING GROUP LTD
TSX:CMG (2/11/2025, 7:00:00 PM)
10.6
-0.29 (-2.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.66%
1 Week2.32%
2 Weeks2.12%
1 Month3.92%
3 Month8.94%
6 Month-16.73%
12 Month11.58%
2 Year52.52%
3 Year93.78%
5 Year52.08%
10 Year-16.54%
15 Year912.54%
Volatility
ATR(14)0.26
ATR(20)%2.52%
ATR Inc62.25%
Range Today0.48
ADR(20)0.27
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.23
Mansfield-1.57
10 Day High10.96
10 Day Low10.12
20 Day High10.96
20 Day Low10.11
52 Week High14.73
52 Week Low9.13
CS1 End10.58
CR1 Start10.66
Volume & EV
DER(3)-0.57%
DER(5)3.88%
Volume71.52K
Volume Incr-44.48%
Vol(5)88.97K
Vol(50)167.60K