CHIMERA INVESTMENT CORP (CIM) Stock Technical Analysis
NYSE:CIM - New York Stock Exchange, Inc. - US16934Q8024 - REIT - Currency: USD
Overall CIM gets a technical rating of 7 out of 10. In the last year, CIM was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
CIM is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 65 other stocks in this industry. CIM outperforms 95% of them.
In the last month CIM has a been trading in the 13.28 - 14.43 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CIM outperforms 64% of them, which is more or less in line with the market.
CIM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CIM is lagging the market.
Although CIM has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.84
15.46
2 important support areas can be observed.
- A support zone ranging from 13.52 to 14.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.97 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.35 to 14.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.31 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CIM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIM is up. |
| ChartMill Relative Strength | 64.3 | NEUTRAL | CIM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CIM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CIM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CIM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.01 | NEUTRAL | The RSI value for CIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CIM has a positive trend. |
| Stochastics (14,3) | 78.67 | NEUTRAL | The Stochastics value for CIM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for CIM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.84 | NEUTRAL | The ADX value for CIM suggests a possible start of a new trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.54 | 13.50 | 1.04 (7.15%) | 13.98% |
| An entry @14.54. This is a Buy Stop order right above the resistance zone. | An exit @13.50. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.04 points, which is 7.15%. | When investing 13.98% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
14.34
+0.1 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg0.7%
1 Week1.77%
2 Weeks4.82%
1 Month7.66%
3 Month22.15%
6 Month-0.07%
12 Month10.31%
2 Year-23.89%
3 Year-54.35%
5 Year-46.83%
10 Year-66.41%
15 Year-95.06%
Volatility
ATR(14)0.29
ATR(20)%2.02%
ATR Inc-4.2%
Range Today0.22
ADR(20)0.27
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.3
Mansfield-0.73
10 Day High14.43
10 Day Low13.51
20 Day High14.43
20 Day Low13.28
52 Week High16.89
52 Week Low9.85
CS1 End14.23
CR1 Start14.35
Volume & EV
DER(3)1.27%
DER(5)1.2%
Volume445.90K
Volume Incr25.12%
Vol(5)647.84K
Vol(50)537.14K