CMT Association CMT-Level-I Actual Free Exam Questions & Community Discussion

Exam Code/Number: CMT-Level-I
Exam Name/Title: CMT Level 1 Exam
Certification Provider: CMT Association
Corresponding Certification: CMT Program

Exam Questions: 409
Updated On: Jul 17, 2026

Question #43

S & P Case-Shiller index is related to:

A. Foreign exchange

B. Commodities

C. Equities

D. Real estate

Discussion 0

Correct Answer: D Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #44

An exponentially smoothed moving average:114115

A. Gives more weight to more r118ecent observations119

B. None of the above

C. Excludes older price points in the calculation116117

D. Cannot be plotted on a bar chart120

Discussion 0

Correct Answer: A Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #45

In a dark cloud cover candlestick pattern, which candle has the higher high?

A. It could be any

B. The third candle

C. The second candle

D. The first candle

Discussion 0

Correct Answer: C Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #46

Which of the following is NOT associated with commodities as an asset?

A. Taxes122123

B. Divi128dend129

C. Transportation cost126127

D. Storage cost124125

Discussion 0

Correct Answer: B Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #47

Zoya found that the futures price of Codex International was decreasing, and the open interest was also decreasing. Which of 83the following is taking place in the stock?8485

A. Profit booking92

B. Short built up8889

C. Long bu90ilt up91

D. Short covering8687

Discussion 0

Correct Answer: A Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #48

Which BEST characterizes continuation patterns?

A. They usually represent long-term patterns

B. They take a long time to form

C. There is sideways price action

D. They signal the start of a new trend

Discussion 0

Correct Answer: C Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #49

A continuation pattern is:

A. Usually a sideways price action

B. All of the above

C. A pause in the prevailing trend

D. Usually a near term or intermediate term pattern

Discussion 0

Correct Answer: B Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #50

The objective of the Dow Theory is to determine:3

A. Timing of market bottoms7

B. The primary direction of the stock market6

C. The likelihood of volume reversals5

D. Changes in market psychology4

Discussion 0

Correct Answer: B Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #51

What is the advantage for the companies of selling equity to investors over bonds and notes?

A. Equity need not be purchased back

B. Equity gives voting rights to investors

C. Investors tend to buy equity more than bonds or notes

D. Equity is more liquid than bonds or notes

Discussion 0

Correct Answer: A Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #52

On a Point and Figure chart, to account for the distortion caused by low-price action not appearing as active as high-price action, one should change the:

A. Scale to logarithmic

B. Reversal amount

C. Box size on the chart

D. Scale to arithmetic

Discussion 0

Correct Answer: A Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #53

Identify the point & figure pattern highlighted below (Chart showing 3 O columns bottoming at same level):

A. Triple bottom

B. Descending triple bottom

C. Symmetric triangle

D. Descending triangle

Discussion 0

Correct Answer: A Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #54

As the price unit of a reversal on a point and figure chart is decreased:

A. The possibility of whipsaws decreases

B. Time analysis becomes more critical for interpretation

C. The detail of price movement graphically displayed is increased

D. The detail of price movement graphically displayed is decreased

Discussion 0

Correct Answer: C Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #55

Which of the following is an INCORRECT interpretation of the candlestick piercing pattern?

A. The smaller the penetration into the price levels of the prior day's real body, the greater the predictive power

B. It is a bullish reversal pattern

C. It occurs after a downtrend

D. It is a bearish reversal pattern

Discussion 0

Correct Answer: D Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Question #56

The stochastics indicator measures:

A. The relative position of the closing price within a past high-low range

B. Where today's typical price fits into the recent trading range

C. The distance in percentage between the first and last values over n-days

D. The relative strength of the current price movement as it increases from 0 to 100

Discussion 0

Correct Answer: A Vote an answer

Explanation: Only visible for EduDump members. You can sign-up / login (it's free).

Download Free CMT Association CMT-Level-I Demo

Simply submit your e-mail address below to get started with our free demo of your CMT Association CMT-Level-I exam.