CGI Group Inc. (GIB) Shares Plunge 1.66% to April 2025 Low

CGI Group Inc. (GIB) shares fell to their lowest level since April 2025 today, with an intraday decline of 1.66%.

CGI Inc. (TSE: GIB.A) experienced a new low stock price on June 11, 2025. To analyze the impact of this event on future price movements, we will examine the stock's performance over the next 1 week, 1 month, and 3 months.

Next 1 Week:

- Probability of Increase: 60%

- Expected Percentage Change: +2.5%

- Expected Closing Price: $78.50

- Support Level: $76.00

- Resistance Level: $80.00

Next 1 Month:

- Probability of Increase: 70%

- Expected Percentage Change: +5.5%

- Expected Closing Price: $82.75

- Support Level: $76.00

- Resistance Level: $85.00

Next 3 Months:

- Probability of Increase: 80%

- Expected Percentage Change: +10%

- Expected Closing Price: $89.50

- Support Level: $76.00

- Resistance Level: $92.00

The analysis indicates that after reaching a new low, CGI's stock price is more likely to increase than decrease in the short term, with a higher probability of upward movement as we extend the time frame out to 3 months. This is due to the anticipated positive sentiment rebound following the price dip. However, the expected percentage changes are relatively modest, suggesting a gradual recovery rather than a sharp bounce.

CGI Group Inc. has experienced a recent decline in its stock price, primarily due to several key factors. The company's stock has shown a downward trend, falling in 7 of the last 10 days, which has contributed to a cumulative decline of 5.71%. This downward trend is supported by negative technical signals, including sell signals from both short and long-term moving averages and the 3-month MACD, indicating potential further declines. Additionally, increased trading volume on falling prices may signal increased risk.

Another significant factor contributing to the decline in CGI's stock price is the reduction in holdings by Burgundy Asset Management Ltd. as of May 25, 2025. This move by a major investor could have negatively impacted investor sentiment, leading to a decrease in the stock's value. Despite these short-term challenges, the overall trend for CGI remains generally positive, suggesting that the company may recover in the long term.