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Computer Modelling Group Ltd.

CMG.TO Technical Analysis Summary (TSX)

Analyze CMG.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CMG.TO●TSX
TechnologySoftware - Application
$4.00
$0.17(4.44%)
Canadian Market opens in 1h 3m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CMG.TO Technical Analysis Summary (TSX)

Computer Modelling Group Ltd. (TSX: CMG.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 58.21)
Trend Strength:Weak (ADX: 14.52)
Volatility:Medium (ATR: 0.13)
Support/Resistance:$3.69 – $4.09 (Bollinger Bands)

Technical conditions suggest Computer Modelling Group Ltd. on the TSX is awaiting a decisive move. This mix signals that Computer Modelling Group Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 58.21

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 55.83

Neutral
Mid-range signal with no clear trend.

Williams %R: -18.60

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Computer Modelling Group Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.52

Weak
Weak trend, market trading sideways.

ATR (14): 0.13

Low
Low volatility, stable price action.

CCI (14): 146.41

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Computer Modelling Group Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.09
Middle Band (SMA 20)
$3.89
Lower Band
$3.69
Current Position
Within Bands

Takeaway:Computer Modelling Group Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$4.13
Middle Line (EMA 20)
$3.87
Lower Channel
$3.60
Squeeze Status
Squeeze On

Takeaway:Computer Modelling Group Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.20M
Money Flow Index58.64Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.68Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CMG.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Computer Modelling Group Ltd. (TSX: CMG.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Computer Modelling Group Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: CMG.TO) Technical Analysis FAQ