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Chemring Group PLC

CMGMF•PNK
Industrials
Aerospace & Defense
$6.80
$-0.15(-2.16%)
U.S. Market opens in 15h 28m

Chemring Group PLC (CMGMF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Chemring Group PLC (PNK:CMGMF).

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

CMGMF Technical Analysis Summary

Chemring Group PLC stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.82)
Trend Strength:Very Strong (ADX: 40.82)
Volatility:Low (ATR: 0.13)
Support/Resistance:$6.88 – $7.74 (Bollinger Bands)

Technical conditions suggest Chemring Group PLC is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.82

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 7.14

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.48

Strongly Bearish
Sharp downside momentum.

Takeaway:Chemring Group PLC shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.12

Bullish
Bullish, trend momentum is strengthening.

ADX: 40.82

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.13

Low
Low volatility, stable price action.

CCI (14): -168.83

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Chemring Group PLC shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.74
Middle Band (SMA 20)
$7.31
Lower Band
$6.88
Current Position
Below Lower Band

Takeaway:Chemring Group PLC trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$7.37
Middle Line (EMA 20)
$7.10
Lower Channel
$6.84
Squeeze Status
No Squeeze

Takeaway:Chemring Group PLC trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume9.52K
Money Flow Index74.43Bullish, inflows support continued momentum.
Relative Vigor Index22.29Bearish, price momentum favors sellers.

Overall Takeaway:CMGMF shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Chemring Group PLC, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ