CHIMERA INVESTMENT CORP (CIM) Stock Technical Analysis
NYSE:CIM - US16934Q8024 - REIT
14.17 USD
+0.17 (+1.21%)
14.23 USD
+0.06 (+0.42%)
Taking everything into account, CIM scores 5 out of 10 in our technical rating. CIM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, CIM is a bad performer in the overall market: 69% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CIM has a been trading in the 12.78 - 14.19 range, which is quite wide. It is currently trading near the high of this range.
CIM is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 67 other stocks in this industry, CIM did better than 42% of them.
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 the technical rating is only medium, CIM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 14.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.11, a Stop Loss order could be placed below this zone.
More info and screens
12.85
14.49
3 important support areas can be observed.
- A support zone ranging from 13.71 to 14.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.21 to 13.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.98 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.23 to 14.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 31.08 | 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) | 58.52 | NEUTRAL | The RSI value for CIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CIM has a positive trend. |
| Stochastics (14,3) | 86.32 | OVERBOUGHT | The high Stochastics value suggests CIM may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for CIM suggests low volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for CIM suggests a weak or negative 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)
14.17
+0.17 (+1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1.21%
1 Week0.21%
2 Weeks4.04%
1 Month5.43%
3 Month7.51%
6 Month-0.42%
12 Month-8.46%
2 Year-21.93%
3 Year-44.43%
5 Year-46.87%
10 Year-66.29%
15 Year-95.19%
Volatility
ATR(14)0.25
ATR(20)%1.95%
ATR Inc-42.84%
Range Today0.2
ADR(20)0.25
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.08
Mansfield-0.82
10 Day High14.19
10 Day Low13.51
20 Day High14.19
20 Day Low12.78
52 Week High16.89
52 Week Low9.85
CS1 End14.11
CR1 Start14.23
Volume & EV
DER(3)1.12%
DER(5)1.34%
Volume375.00K
Volume Incr-25.07%
Vol(5)392.16K
Vol(50)503.35K