CAN IMPERIAL BK OF COMMERCE (CM.CA) Stock Technical Analysis
TSX:CM - Toronto Stock Exchange - CA1360691010 - Common Stock - Currency: CAD
Taking everything into account, CM scores 3 out of 10 in our technical rating. CM was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Looking at the yearly performance, CM did better than 74% of all other stocks.
CM is one of the better performing stocks in the Banks industry, it outperforms 100% of 31 stocks in the same industry.
CM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CM is lagging the market slightly.
CM has an average volume of 3898320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month CM has a been trading in the 81.26 - 93.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 86.58, a Stop Loss order could be placed below this zone.
More info and screens
72.30
96.33
We found 3 important support areas.
- A support zone ranging from 86.58 to 86.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @82.43 from a trend line in the weekly time frame.
- Support @73.03 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 87.11 to 89.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 90.62 to 91.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 94.35 to 95.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.77
Mansfield0.41
10 Day High89.3
10 Day Low86.42
20 Day High93.31
20 Day Low81.26
52 Week High95.5
52 Week Low62.59
Performance
1 Week-1.66%
2 Weeks-2.18%
1 Month-5.37%
3 Month-5.35%
6 Month17.75%
12 Month36.62%
2 Year38.77%
3 Year7.95%
5 Year69.52%
10 Year81.02%
15 Year147.36%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)33.44
LBB86.84
UBB89.08
TSX:CM (2/21/2025, 7:00:00 PM)
86.59
-0.78 (-0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.89%
1 Week-1.66%
2 Weeks-2.18%
1 Month-5.37%
3 Month-5.35%
6 Month17.75%
12 Month36.62%
2 Year38.77%
3 Year7.95%
5 Year69.52%
10 Year81.02%
15 Year147.36%
Volatility
ATR(14)1.77
ATR(20)%1.85%
ATR Inc-38.22%
Range Today1.08
ADR(20)1.4
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.77
Mansfield0.41
10 Day High89.3
10 Day Low86.42
20 Day High93.31
20 Day Low81.26
52 Week High95.5
52 Week Low62.59
CS1 End86.58
CR1 Start87.11
Volume & EV
DER(3)-2.53%
DER(5)-0.05%
Volume1.87M
Volume Incr-38.62%
Vol(5)1.91M
Vol(50)3.90M