CMT Association CMT Level 1 : CMT-Level-I

  • Exam Code: CMT-Level-I
  • Exam Name: CMT Level 1 Exam
  • Updated: Sep 08, 2026
  • Q & A: 409 Questions and Answers

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CMT Association CMT-Level-I Exam Syllabus Topics:
SectionObjectives
Topic 1: Classical Techniques- Chart Types and Construction
  • 1. Line Charts
  • 2. Candlestick Charts
- Internal and External Technical Indicators
  • 1. Volume Indicators
  • 2. Momentum Indicators
- Cycles
  • 1. Seasonality
  • 2. Market Cycles
- Trend Analysis
  • 1. Support and Resistance
  • 2. Trendlines and Channels
- Chart Pattern Analysis
  • 1. Continuation Patterns
  • 2. Reversal Patterns
Topic 2: Advanced Techniques- Cross-asset Analysis
  • 1. Asset Correlation
  • 2. Intermarket Relationships
- Systematic Trading
  • 1. Trading Systems
  • 2. Backtesting
- Principles of Risk Management
  • 1. Position Sizing
  • 2. Portfolio Risk Control
- Statistical Analysis
  • 1. Regression Analysis
  • 2. Probability Concepts
- Volatility Analysis
  • 1. Risk Measurement
  • 2. Volatility Indicators
Topic 3: Theory and History- Key Concepts in Technical Analysis and Market Analysis
  • 1. Price Discounting Mechanism
  • 2. Market Trends
- Behavioral Finance
  • 1. Market Sentiment
  • 2. Investor Psychology
- Evolution of Technical Analysis
  • 1. History of Technical Analysis
  • 2. Market Theory Foundations
CMT Association CMT Level 1 Sample Questions:

Question 1

Which of the following factors would increase the predictive power of the candlestick dark cloud cover pattern?

A. During a downtrend, a white real body with shaven head and bottom is followed by a black body also with a shaven head and bottom
B. The dark cloud cover occurs in the middle of a trading range
C. Heavy volume at the opening of the second day indicates a buying climax
D. The second candle does not penetrate deeply into the first candle


Question 2

Which of the following is the calculation for price objective using the VERTICAL Point and Figure count method?

A. Price level of lowest box X boxes
B. Price level of the lowest box (for up counts) + (number of boxes in the reversal column X reversal size)
C. Price level of lowest box + columns
D. Price level of lowest box X columns


Question 3

Which of the following is the best suited to decide whether a stock is underperforming a market or not?

A. Relative strength
B. Divergence studies
C. Relative strength index
D. Moving averages313233


Question 4

The maximum power of the bears is represented by:45

A. Close of the bearish bar89
B. Highest point of the bar67
C. Opening of bullish bar1213
D. Low of the bar1011


Question 5

According to Russell, the major bull market ends when the yields for major Do165w Jones Industrials reach:
166

A. <2.0170
B. 5.0168
C. 7.5169
D. 3.5167


Solutions:

Question 1
Answer: C
Question 2
Answer: B
Question 3
Answer: A
Question 4
Answer: D
Question 5
Answer: D

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