CGX (Cineplex Inc.) - Potential Pullback After Breaking TrendlinOn the 4-hour timeframe, CGX has recently broken below a key trendline that originated in late November, signaling potential weakness ahead. Here’s the detailed analysis:
1. Overbought Conditions: The RSI has climbed above 80, indicating overbought levels that often precede price corrections. This
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−0.41 USD
−26.18 M USD
924.52 M USD
63.05 M
About CINEPLEX INC
Sector
Industry
CEO
Ellis Jacob
Website
Headquarters
Toronto
Founded
1912
FIGI
BBG000R4FRB3
Cineplex Inc. engages in the theatre operations business. It operates through the following segments: Film Entertainment and Content, Media, Amusement and Leisure, and Location Based Entertainment. The company was founded in 1912 and is headquartered in Toronto, Canada.
Cineplex $CGX making a comeback!Key Stats
Price: $12.63 (as of Dec 1, 2024)
Market Cap: 798M CAD
Revenue (TTM): 1.39B CAD (+1.95% YoY)
P/S Ratio: 0.78
Next Earnings Date: February 2025
Top 3 Technical Reasons (Bullish Bias)
Strong support near $12.50: CGX has been testing this zone, forming a solid base with
Weekly Cup & Handle - CineplexWeekly Cup & handle formation spotted on $CGX.TO. Canada is opening up, the possibility of another lockdown is low with an upcoming election. If the liberal party wins for the next term, CGX will benefit due to Liberal party's plan to support hard-hit businesses with the Arts and Culture Recovery P
Cineplex CGX possible double bottom reversal, Bullish daily RSICineplex has potentially formed a double bottom here with a price target of around 22 dollars. Supporting this is the Daily RSI which should break out of the descending wedge any time soon now. Key resistances are shown on the chart. Ontario full reopening soon on or after the 16th of August with ma
Canada Reopening in 5...4...3.. :Potential Weekly Inverse H&S $CGX's pattern currently looks like it could be forming an inverse H&S on a weekly. If validated, the target would be around $27. Canada is progressing very nicely in vaccination effort, with COVID case counts being steadily being lowered. Once the economy is reopened, 2021 is packed with good movie
Clear Retracement at 50%; GeneralTrend continuation
The more often a stock attempts to break through resistance, and retraces less each time is a sign that there is an increased likelihood that the stock will break the resistance and breakout out of its current range, so this should be an indication to buy the stock.
This might
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Summarizing what the indicators are suggesting.
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Neutral
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An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of CPXGF is 6.62 USD — it has increased by 2.64% in the past 24 hours. Watch Cineplex, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on OTC exchange Cineplex, Inc. stocks are traded under the ticker CPXGF.
CPXGF stock has risen by 6.26% compared to the previous week, the month change is a 0.23% rise, over the last year Cineplex, Inc. has showed a 17.67% increase.
We've gathered analysts' opinions on Cineplex, Inc. future price: according to them, CPXGF price has a max estimate of 11.21 USD and a min estimate of 7.71 USD. Watch CPXGF chart and read a more detailed Cineplex, Inc. stock forecast: see what analysts think of Cineplex, Inc. and suggest that you do with its stocks.
CPXGF reached its all-time high on Jan 2, 2014 with the price of 41.35 USD, and its all-time low was 3.30 USD and was reached on Oct 13, 2020. View more price dynamics on CPXGF chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CPXGF stock is 2.61% volatile and has beta coefficient of 1.34. Track Cineplex, Inc. stock price on the chart and check out the list of the most volatile stocks — is Cineplex, Inc. there?
Today Cineplex, Inc. has the market capitalization of 418.46 M, it has decreased by −3.72% over the last week.
Yes, you can track Cineplex, Inc. financials in yearly and quarterly reports right on TradingView.
Cineplex, Inc. is going to release the next earnings report on May 9, 2025. Keep track of upcoming events with our Earnings Calendar.
CPXGF earnings for the last quarter are 0.035 USD per share, whereas the estimation was 0.075 USD resulting in a −53.49% surprise. The estimated earnings for the next quarter are −0.29 USD per share. See more details about Cineplex, Inc. earnings.
Cineplex, Inc. revenue for the last quarter amounts to 252.07 M USD, despite the estimated figure of 255.15 M USD. In the next quarter, revenue is expected to reach 192.19 M USD.
CPXGF net income for the last quarter is 2.32 M USD, while the quarter before that showed −18.28 M USD of net income which accounts for 112.67% change. Track more Cineplex, Inc. financial stats to get the full picture.
As of Apr 19, 2025, the company has 10 K employees. See our rating of the largest employees — is Cineplex, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Cineplex, Inc. EBITDA is 158.34 M USD, and current EBITDA margin is 17.13%. See more stats in Cineplex, Inc. financial statements.
Like other stocks, CPXGF shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Cineplex, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Cineplex, Inc. technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Cineplex, Inc. stock shows the sell signal. See more of Cineplex, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.