CHIMERA INVESTMENT CORP (CIM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CIM - US16934Q8024 - REIT
Overall CIM gets a technical rating of 2 out of 10. In the past year, CIM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of CIM is bad and it also does not present a quality setup 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
11.60
When analyzing the support we notice one important area.
- A support zone ranging from 11.72 to 12.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 12.89 to 13.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.23 to 14.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.75 to 14.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.19 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for CIM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIM is up. |
| ChartMill Relative Strength | 21.99 | NEGATIVE | CIM has a low relative strength, it was outperformed by 78.01% off all stocks 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) | DOWN | MIXED | The current price of CIM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CIM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.17 | NEUTRAL | The RSI value for CIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests CIM has a positive trend. |
| Stochastics (14,3) | 93.99 | OVERBOUGHT | The high Stochastics value suggests CIM may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for CIM suggests some volalility. |
| Average Directional Index/ADX (14) | 29.92 | POSITIVE | The high ADX value value for CIM suggests a strong trend. |
12.85
+0.06 (+0.47%)
CHIMERA INVESTMENT CORP / CIM FAQ
Can you provide the ChartMill technical rating for CHIMERA INVESTMENT CORP?
ChartMill assigns a technical rating of 2 / 10 to CIM.
What is the current trend direction of CHIMERA INVESTMENT CORP (CIM) stock?
The current trend direction for CHIMERA INVESTMENT CORP (CIM) is Bearish.
Can you provide the RSI signal for CHIMERA INVESTMENT CORP?
CHIMERA INVESTMENT CORP (CIM) has an RSI value of 58.1663. This indicates that the stock is currently neutral.
What is the short term momentum for CHIMERA INVESTMENT CORP (CIM) stock?
The short term momentum for CHIMERA INVESTMENT CORP (CIM) is positive.
What are the support and resistance levels for CHIMERA INVESTMENT CORP (CIM) stock?
CHIMERA INVESTMENT CORP (CIM) has a support level at 12.29 and a resistance level at 12.89. Check the full technical report for our detailed analysis of CIM support and resistance levels.