CAN IMPERIAL BK OF COMMERCE (CM)

CA1360691010 - Common Stock

64.37  +0.59 (+0.93%)

After market: 64.37 0 (0%)

Technical Rating and Analysis

5

Overall CM gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month CM has a been trading in the 63.21 - 67.45 range, which is quite wide. It is currently trading near the lows of this range.
CM is one of the better performing stocks in the Banks industry, it outperforms 81% of 406 stocks in the same industry.
CM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CM is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that CM is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Weekly and Daily overview Charts
CM Weekly chart
CM Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, CM does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 64.36, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

49.50

67.98

5 important support areas can be observed.

  • A support zone ranging from 62.56 to 64.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @60.90 from a horizontal line in the daily time frame.
  • Support @59.57 from a horizontal line in the daily time frame.
  • Support @57.19 from a trend line in the weekly time frame.
  • A support zone ranging from 50.00 to 50.69. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 65.30 to 67.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.76
Mansfield1.07
10 Day High67.45
10 Day Low63.21
20 Day High67.45
20 Day Low63.21
52 Week High67.45
52 Week Low43.86
Performance
1 Week-2.69%
2 Weeks-3.44%
1 Month-1.29%
3 Month4.36%
6 Month35.63%
12 Month33.02%
2 Year59.13%
3 Year10.45%
5 Year54.74%
10 Year49.78%
15 Year99.23%
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)-0.31
RSI(14)46.53
LBB62.95
UBB68.04
CM Daily chart

CAN IMPERIAL BK OF COMMERCE

NYSE:CM (12/20/2024, 8:04:00 PM)

After market: 64.37 0 (0%)

64.37

+0.59 (+0.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.93%
1 Week-2.69%
2 Weeks-3.44%
1 Month-1.29%
3 Month4.36%
6 Month35.63%
12 Month33.02%
2 Year59.13%
3 Year10.45%
5 Year54.74%
10 Year49.78%
15 Year99.23%
Volatility
ATR(14)1.19
ATR(20)%1.69%
ATR Inc11.18%
Range Today1.38
ADR(20)0.98
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.76
Mansfield1.07
10 Day High67.45
10 Day Low63.21
20 Day High67.45
20 Day Low63.21
52 Week High67.45
52 Week Low43.86
CS1 End64.36
CR1 Start65.3
Volume & EV
DER(3)-3.1%
DER(5)-1.43%
Volume845.30K
Volume Incr-9.79%
Vol(5)920.30K
Vol(50)980.19K