CHIMERA INVESTMENT CORP (CIM) Stock Technical Analysis
NYSE:CIM - New York Stock Exchange, Inc. - US16934Q8024 - REIT - Currency: USD
Taking everything into account, CIM scores 7 out of 10 in our technical rating. 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CIM is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 95% of 65 stocks in the same industry.
In the last month CIM has a been trading in the 12.77 - 14.34 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 65% 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, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.84
15.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.11 to 14.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 12.97 to 12.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.33 to 14.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.05 from a trend line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for CIM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIM is up. |
| ChartMill Relative Strength | 65.63 | 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) | 70.12 | OVERBOUGHT | The high RSI value suggests CIM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CIM has a positive trend. |
| Stochastics (14,3) | 94.35 | OVERBOUGHT | The high Stochastics value suggests CIM may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for CIM suggests some volalility. |
| Average Directional Index/ADX (14) | 24.17 | 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)
14.32
+0.43 (+3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg3.1%
1 Week5.68%
2 Weeks7.27%
1 Month5.76%
3 Month5.06%
6 Month-5.04%
12 Month11.61%
2 Year-17.27%
3 Year-45.88%
5 Year-50.33%
10 Year-65.18%
15 Year-94.71%
Volatility
ATR(14)0.26
ATR(20)%2.05%
ATR Inc11.14%
Range Today0.46
ADR(20)0.27
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.63
Mansfield-0.44
10 Day High14.34
10 Day Low12.96
20 Day High14.34
20 Day Low12.77
52 Week High16.89
52 Week Low9.85
CS1 End14.23
CR1 Start14.33
Volume & EV
DER(3)2.52%
DER(5)-0.21%
Volume708.80K
Volume Incr-19.71%
Vol(5)451.00K
Vol(50)611.73K