CMT Association CMT-Level-I Official Practice Test | CMT-Level-I Exam Demo

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| Section | Objectives |
|---|
| Theory and History | - Behavioral Finance
- 1. Market Sentiment
- 2. Investor Psychology
- Evolution of Technical Analysis
- 1. Market Theory Foundations
- 2. History of Technical Analysis
- Key Concepts in Technical Analysis and Market Analysis
- 1. Market Trends
- 2. Price Discounting Mechanism
|
| Classical Techniques | - Internal and External Technical Indicators
- 1. Volume Indicators
- 2. Momentum Indicators
- Chart Types and Construction
- 1. Line Charts
- 2. Candlestick Charts
- Trend Analysis
- 1. Support and Resistance
- 2. Trendlines and Channels
- Cycles
- 1. Seasonality
- 2. Market Cycles
- Chart Pattern Analysis
- 1. Continuation Patterns
- 2. Reversal Patterns
|
| Advanced Techniques | - Principles of Risk Management
- 1. Position Sizing
- 2. Portfolio Risk Control
- Systematic Trading
- 1. Trading Systems
- 2. Backtesting
- Cross-asset Analysis
- 1. Asset Correlation
- 2. Intermarket Relationships
- Volatility Analysis
- 1. Volatility Indicators
- 2. Risk Measurement
- Statistical Analysis
- 1. Regression Analysis
- 2. Probability Concepts
|
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CMT-Level-I Exam Demo, CMT-Level-I Testing Center
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CMT Association CMT Level 1 Exam Sample Questions (Q399-Q404):
NEW QUESTION # 399
The descending triangle is just a mirror image of the ascending triangle and is generally considered a ______ pattern.
- A. Bullish
- B. B and C
- C. Bearish
- D. Continuation
Answer: B
Explanation:
Detailed Explanation:
A descending triangle (flat support, lower highs) indicates aggressive selling and weak buying. It is inherently bearish. Since it usually appears in a downtrend, it acts as a continuation pattern. (Note: Even as a top, it is bearish).
NEW QUESTION # 400
Alex found that Visha Tech stock had given a buy signal on 10 minute chart but sell signal on hourly chart.
End of the day charts are neutral. What action would be most appropriate in this condition?
- A. Buy the stock but keep the stop loss slightly more away
- B. Short sell the stock
- C. Do not trade the stock
- D. Buy the stock with a tight stop loss
Answer: C
Explanation:
Detailed Explanation:
Conflicting signals across multiple timeframes (Buy on short-term, Sell on intermediate, Neutral on long- term) indicate a lack of clear trend or consensus. The most prudent technical action is to stand aside (do not trade) until the timeframes align or a clear signal emerges.
NEW QUESTION # 401
Flow of fund analysis relies in part:
- A. On the sentiment of investment advisory services
- B. On market volume statistics
- C. On measuring the cash position of different investor groups
- D. On monthly price movements of the Dow Jones Industrial Average
Answer: C
Explanation:
Detailed Explanation:
Flow of funds analysis attempts to measure the capacity of different groups to buy or sell stocks. It relies on data such as mutual fund cash levels, margin debt, and institutional holdings-essentially measuring the cash position of investor groups to gauge potential future demand.
NEW QUESTION # 402
A rising relative strength line for a stock in a falling market indicates that:
- A. The stock is performing worse than the market
- B. The stock is performing better than the market
- C. Price and volume are diverging
- D. It may be moving into an overbought state
Answer: B
Explanation:
Detailed Explanation:
Relative Strength (Comparative) is the ratio of the stock price to the market index. If the market is falling, but the stock is falling less (or rising), the ratio will rise. A rising relative strength line confirms that the stock is outperforming (acting stronger than) the general market.
---
NEW QUESTION # 403
In a 10-day simple moving average, each day's price is assigned a weighting of:7576
- A. 1%7778
- B. 5%7980
- C. 20%8384
- D. 10%8182
Answer: D
Explanation:
Detailed Explanation:8788
A "Simple" Moving Average (SMA) assigns equal weight to all data points in the lookback period. For a 10- day SMA, the calculation is 1 divided by 10, which equals 10% weight for each da89y.90
NEW QUESTION # 404
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