CMT Association CMT Level 1 : CMT-Level-I Exam Questions

  • Exam Code: CMT-Level-I
  • Exam Name: CMT Level 1 Exam
  • Updated: Jul 21, 2026
  • Q&As: 409 Questions and Answers

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CMT Association CMT-Level-I Exam Syllabus Topics:

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

CMT Association CMT Level 1 Sample Questions:

1. When a bond's price is greater than 100, the yield is:

A) Lower than the prime rate
B) Lower than the discount rate
C) Higher than the coupon rate
D) Lower than the coupon rate


2. When the investment related articles from experts are clearly bearish:

A) The market is about to bottom out
B) Market has topped out already and it is time to liquidate long positions if held still
C) Market has bottomed out already and has started rising
D) The market is about to top out


3. In relation to the principles of technical analysis, the phrase "patterns are fractal" refers to the assumption that:

A) Pattern analysis is universal and independent of time
B) Mandelbrot originated the concept of chart patterns
C) Patterns tend to break existing trends
D) Chart patterns found in an intraday chart can generate signals in a daily chart


4. The resistance level of a price trend refers to:

A) The boundaries of the trading range of the trend
B) The target price indicated by the count
C) The level under the market where buying interest is sufficiently strong to overcome selling pressure
D) The level over the market where selling pressure is sufficiently strong to overcome buying pressure and a price advance is expected to be turned back


5. In constructing a point & figure chart, a new box is added only when:

A) Price has moved to a new high
B) Price has moved by less than the specified box size
C) Volume confirms the price movement
D) Price has moved by equal to or more than the specified box size


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A
Question # 3
Answer: A
Question # 4
Answer: D
Question # 5
Answer: D

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