CAN IMPERIAL BK OF COMMERCE (CM) Stock Technical Analysis
NYSE:CM - New York Stock Exchange, Inc. - CA1360691010 - Common Stock - Currency: USD
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.
When comparing the yearly performance of all stocks, we notice that CM is one of the better performing stocks in the market, outperforming 78% of all stocks.
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.
In the last month CM has a been trading in the 57.99 - 64.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CM has an average volume of 1027350 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.
CM is part of the Banks industry. There are 405 other stocks in this industry, CM did better than 63% of them.
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 60.83, a Stop Loss order could be placed below this zone.
More info and screens
51.29
67.98
2 important support areas can be observed.
- A support zone ranging from 59.58 to 60.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.81 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 60.90 to 63.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @65.42 from a horizontal line in the daily time frame.
- A resistance zone ranging from 66.66 to 67.31. 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
CRS78.17
Mansfield0.15
10 Day High62.43
10 Day Low60.73
20 Day High64.88
20 Day Low57.99
52 Week High67.45
52 Week Low46.11
Performance
1 Week-1.89%
2 Weeks-1.71%
1 Month-4.4%
3 Month-7%
6 Month11.8%
12 Month29.58%
2 Year33.04%
3 Year-3.74%
5 Year59.96%
10 Year59.06%
15 Year83.06%
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)-0.03
RSI(14)38.22
LBB60.44
UBB62.79
60.84
-0.78 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.27%
1 Week-1.89%
2 Weeks-1.71%
1 Month-4.4%
3 Month-7%
6 Month11.8%
12 Month29.58%
2 Year33.04%
3 Year-3.74%
5 Year59.96%
10 Year59.06%
15 Year83.06%
Volatility
ATR(14)1.2
ATR(20)%1.8%
ATR Inc-24.36%
Range Today1.04
ADR(20)0.92
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.17
Mansfield0.15
10 Day High62.43
10 Day Low60.73
20 Day High64.88
20 Day Low57.99
52 Week High67.45
52 Week Low46.11
CS1 End60.83
CR1 Start60.9
Volume & EV
DER(3)0.59%
DER(5)1.64%
Volume691.50K
Volume Incr-33.16%
Vol(5)641.72K
Vol(50)1.03M