CHIMERA INVESTMENT CORP (CIM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CIM - US16934Q8024 - REIT
Taking everything into account, CIM scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CIM was also a bad performer in the overall market in the last year.
CIM has a poor technical rating and the quality of the setup is also only medium 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
We found 2 important support areas.
- A support zone ranging from 12.70 to 12.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.72 to 12.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- 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 | 21.78 | NEGATIVE | CIM has a low relative strength, it was outperformed by 78.22% 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) | 58.81 | NEUTRAL | The RSI value for CIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CIM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.07 | OVERBOUGHT | The high Stochastics value suggests CIM may be overbought. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for CIM suggests low volalility. |
| Average Directional Index/ADX (14) | 24.9 | NEUTRAL | The ADX value for CIM suggests a possible start of a new trend. |
12.95
+0.1 (+0.78%)
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 58.8081. 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 12.91 and a resistance level at 14.23. Check the full technical report for our detailed analysis of CIM support and resistance levels.