CMT-Level-I Exam Preparation Material | CMT Level 1 Exam

Prepare for the CMT-Level-I with reliable study materials, practice questions, and key exam insights.

Prepare for the CMT-Level-I CMT Level 1 exam with CertQueen's independently developed study resources. Review important concepts, practice scenario-based questions, and use clear explanations to identify areas that require further study.

Question#1

As a general rule, in rectangle, triangle, flag and pennant patterns, volume GENERALLY:

A. Increases as the pattern develops
B. Decreases as the pattern develops
C. Stays constant as the pattern develops
D. Shows signs of accumulation

Explanation:
Detailed Explanation:
During the formation of consolidation patterns (triangles, flags, etc.), market interest typically pauses. As the trading range tightens, volume tends to decrease (dry up). Volume should then expand noticeably on the breakout to confirm the new move.

Question#2

The moving average:

A. Follows the trend
B. Is a smoothing device
C. Lags market action
D. All of the above

Explanation:
Detailed Explanation:
A moving average is constructed by averaging past data .
Therefore:
It smooths out volatility.
It follows the trend (does not predict it).
It inherently lags current price action because it is based on historical data.

Question#3

The basis of OBV is the belief that:

A. Price precedes volume
B. Volume precedes price
C. Volume matters most during breakouts
D. Volume and price are typically coincident indicators

Explanation:
Detailed Explanation:
Joe Granville developed On-Balance Volume (OBV) based on the theory that volume precedes price. Smart money accumulation (volume) often happens before the price moves significantly.

Question#4

Violated support levels typically:

A. Lose importance after three weeks
B. Indicate an imminent price reversal
C. Lose importance after three months
D. Become resistance

Explanation:
Detailed Explanation:
This is the principle of Polarity. When a support level is broken, the buyers who bought at that level are now holding losing positions. If the price rallies back to that level, they are likely to sell to break even, creating selling pressure. Thus, broken support becomes resistance.

Question#5

Which of the following patterns are found on point and figure charts?

A. Doji
B. Island reversal
C. Head and shoulders
D. Harami

Explanation:
Detailed Explanation:
Candlestick patterns like Doji and Harami do not exist in P&F. Island reversals require gaps, which P&F ignores. However, classic Western patterns like Head and Shoulders, Double Tops, and Triangles are staples of P&F analysis.

Exam Code: CMT-Level-I
Q & A: 508 Q&As         Updated:  Nov 11,2026

 

 Access Complete CMT-Level-I Preparation Material

What This CMT-Level-I Study Resource Helps You Do

Review Key Concepts

Review the technologies, products, processes, and practical skills covered by the current CMT-Level-I exam objectives.

Practice Scenario-Based Questions

Work through independently developed questions designed to strengthen your understanding of technical scenarios and decision-making.

Identify Knowledge Gaps

Use your results and the provided explanations to find weaker areas and focus your study more effectively.

How to Use This CMT-Level-I Preparation Material

Review the Exam Scope

Start by reviewing the topics covered by the CMT-Level-I exam. Compare them with the official exam objectives to understand the required technologies, operational tasks, and practical skills, then identify the areas that deserve the most attention.

Practice Independently

Complete a focused set of practice questions for each topic. On your first attempt, avoid referring to notes, answers, or other study resources so that you can evaluate your current understanding more accurately.

Study the Explanations

Review the answers and explanations after completing each practice session. Understand why the correct option is appropriate for the given scenario and why the other options may be incorrect or less suitable.

Close Knowledge Gaps

Keep track of incorrect answers, unfamiliar concepts, and weaker knowledge areas. Review these topics using official documentation and practical experience, then answer the related questions again to reinforce your understanding and monitor your progress.

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Exam Code: CMT-Level-I
Q & A: 508 Q&As
Updated:  Nov 11,2026

 

 Access Complete CMT-Level-I Preparation Material