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CMT Association CMT-Level-I (CMT Level I) Certification Exam is a comprehensive financial certification exam that evaluates an individual's financial expertise and technical analysis skills. This globally recognized certification is suitable for those who are interested in advancing their career in financial analysis, portfolio management, investment advising, and trading. CMT-Level-I Exam covers various financial topics, including market analysis, risk management, and technical analysis, among others.
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CMT Association is a global organization of investment professionals who specialize in technical analysis. The organization offers a certification program for technical analysts called the CMT (Chartered Market Technician) designation. The CMT-Level-I (CMT Level I) Certification Exam is the first level of the CMT program and is designed to test the candidate's knowledge of technical analysis concepts.
CMT Association CMT Level 1 Exam Sample Questions (Q56-Q61):
NEW QUESTION # 56
Hans Zimmerman, a CMT Level 1 candidate, was debating another analyst on a radio program. Based upon his analysis that the Cycle Beverage Company was in the process of completing a head and shoulders pattern, Zimmerman was bearish on the outlook of the stock. Another analyst, Carlton Wingo, made a bullish case for Cycle Beverage based upon the analysis of several technical oscillators. Zimmerman said, "I respectfully disagree with Mr. Wingo. At this time, I think the pattern forming overrides the reading of the oscillators." With respect to the MTA Code of Ethics, Zimmerman's actions are:
- A. Not in violation as he is only a level 1 candidate and is not bound by the Code
- B. Not in violation of the Code because the statement was not in published form
- C. Not in violation of the Code
- D. In violation of the Code in terms of disparaging the work of another analyst
Answer: C
Explanation:
Detailed Explanation:
Zimmerman expressed disagreement respectfully ("I respectfully disagree") and based his argument on technical analysis principles (patterns vs. oscillators). He did not attack Wingo personally or disparage his competence. Professional disagreement is permitted under the Code4444.
NEW QUESTION # 57
Tami Al-Hari, CMT, in meeting with a client states that "since I have earned the prestigious CMT charter, you can expect my stock selections and analysis will be superior to my competitors who have not earned the designation." With respect to the MTA Code of Ethics, Al-Hari's actions are:
- A. In violation as Members and Affiliates cannot make any promises when soliciting clients
- B. In violation of the Code as the statement is inaccurate and misleading
- C. Not in violation of the Code
- D. In violation because the CMT charter does not imply superiority
Answer: B
Explanation:
Detailed Explanation:
The CMT designation certifies knowledge and competence, but it does not guarantee superior investment performance or stock selection results compared to others. Making such a claim is misleading and exaggerates the meaning of the credential, which is a violation10101010.
NEW QUESTION # 58
Which of the following statements regarding moving average crossovers is CORRECT?
- A. It is considered bearish when a short term moving average crosses above a longer term moving average
- B. In a triple crossover trading system buying is signaled when the shortest term moving average crosses over both of the other moving averages
- C. Once a moving average system is optimized, it should be used for trading all markets
- D. The first crossover in a triple crossover system during an upside reversal is when the shortest-term moving average crosses above both of the other two averages
Answer: D
Explanation:
Detailed Explanation:
In a triple crossover system (e.g., 4-9-18 day), the trend reversal signal sequence begins when the fastest line (shortest term) reacts first. The first valid crossover signal occurs when the shortest-term moving average crosses above both of the slower averages27.
NEW QUESTION # 59
What would be the minimum price objective for a head and shoulders pattern with a neckline at 63, top of the first shoulder at 72, top of the head at 96 and top of the second shoulder at 78?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
Explanation:
Detailed Explanation:
* Calculate Height:Top of Head (96) minus Neckline (63) = 33 points.
* Project Target: Subtract the height from the breakdown point (Neckline).
$63 - 33 = 30$.
The target is 3017.
NEW QUESTION # 60
Which of the following actions is most likely to comply with the CFA Institute Code of Ethics and Standards?
- A. Joining discussion groups on LinkedIn/Facebook to discuss and share exam questions
- B. Posting information about questions from a prior year's exam on a public discussion forum
- C. Posting derogatory comments regarding the CMT Program on a website for CMT candidates
- D. Providing your exam prep course provider with a list of topics not tested from the body of knowledge
Answer: D
Explanation:
Detailed Explanation:
The Code of Ethics strictly prohibits revealing specific content or questions from the exam (Standards regarding Integrity of the Program). However, discussing the curriculum or general topics that did not appear is generally permissible as it does not compromise the security of the actual exam questions used. Sharing actual questions (Options A and B) is a major violation.
NEW QUESTION # 61
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