Company Overview: Computer Modelling Group Ltd (TSX: CMG) is a specialized technology company focused on advanced reservoir simulation solutions for the oil and gas industry. This Report covers Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendation on this one stock.

Canada Market Round-Up

The S&P/TSX Composite Index ended the previous week on a strong note, advancing 2.06% to close at 31,960.65, extending its positive momentum into March 27, 2026. Sectoral performance across the market remained mixed. Gains were led by consumer non-cyclicals, industrials, financials, consumer cyclicals, real estate, and utilities, indicating a gradual improvement in investor risk appetite across both defensive and growth-oriented segments. However, continued weakness in healthcare, basic materials, energy, and technology sectors limited the broader market recovery and capped overall upside. From a technical standpoint, the index continues to reflect a cautious short-term outlook. Despite this, it remains comfortably above a rising trendline support and its 50-period Simple Moving Average (SMA), reinforcing the underlying bullish structure and suggesting that buying interest persists on market dips. Immediate resistance is positioned near the 32,600 level. A decisive breakout above this barrier could open the door for further upside momentum in the near term. On the downside, strong support is seen around 31,300; a sustained breach below this level may trigger a short-term corrective phase. Meanwhile, the weekly Relative Strength Index (RSI), currently at 53.13, continues to indicate healthy momentum, supporting the broader positive trend while leaving room for further upside.

On the macro front, the upcoming major economic events that may impact the Canadian market sentiment include CA GDP m/m, US Retail Sales m/m and US Unemployment Claims.

Past performance is not a reliable indicator of future performance.