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Chemring Group PLC

CMGMF•PNK
Industrials
Aerospace & Defense
$6.85
$-0.55(-7.43%)
U.S. Market opens in 17h 10m

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.77)
Trend Strength:Moderate (ADX: 25.64)
Volatility:Low (ATR: 0.13)
Support/Resistance:$6.56 – $7.70 (Bollinger Bands)

This mix signals that Chemring Group PLC is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 59.77

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 100.00

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 6.47

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.10

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.64

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.13

Low
Low volatility, stable price action.

CCI (14): 93.72

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.70
Middle Band (SMA 20)
$7.13
Lower Band
$6.56
Current Position
Within Bands

Takeaway:Chemring Group PLC trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$7.40
Middle Line (EMA 20)
$7.13
Lower Channel
$6.87
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 Volume84.16K
Money Flow Index87.20Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index32.48Bearish, 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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Chemring Group PLC stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

Technical Analysis FAQ