- Exam Code: CMT-Level-I
- Exam Name: CMT Level 1 Exam
- Updated: Jun 09, 2026
- Q & A: 409 Questions and Answers
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1. Detrended time series:
A) Is never flat
B) Shows distinct patterns like head and shoulder
C) Tends to remain range bound
D) Shows a distinct direction of movement
2. The Advance/Decline line is calculated by:
A) Subtracting the number of advancing stocks from declining stocks and ignoring unchanged stocks
B) Subtracting the number of declining stocks from advancing stocks and ignoring unchanged stocks
C) Subtracting the number of advancing stocks and unchanged stocks from declining stocks
D) Subtracting the number of advancing stocks from declining stocks and adding back the unchanged stocks
3. The target for a rectangle can be calculated by:
A) Using the number of times the resistance/support were touched multiplied by the width of the formation
B) Taking 50% of the previous trend
C) Adding the height of the formation to the breakout price
D) Using the width of the rectangle multiplied by the duration of the move
4. During a consolidation phase, price action normally:
A) Attempts a breakout within three weeks
B) Moves within well-defined neutral boundaries on low volume474849
C) Attempts a breakout within three months
D) Moves within well-defined neutral boundaries on high volume505152
5. In the chart given below, point A is at 370, B is at 290 and C is at 320. Assuming there is a break down at point C, what would be the target for this formation?
A) 260
B) 200
C) 240
D) 270
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: C |
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