CHIMERA INVESTMENT CORP (CIM) Stock Technical Analysis
USA - NYSE:CIM - US16934Q8024 - REIT
We assign a technical rating of 0 out of 10 to CIM. CIM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
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12.08
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 13.07 to 13.40. 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 14.56. 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 | DOWN | NEGATIVE | The short term trend for CIM is down. |
| ChartMill Relative Strength | 18.06 | NEGATIVE | CIM has a low relative strength, it was outperformed by 81.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CIM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CIM is below 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) | 38.61 | NEUTRAL | The RSI value for CIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CIM has a negative trend. |
| Stochastics (14,3) | 36.25 | NEUTRAL | The Stochastics value for CIM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for CIM suggests some volalility. |
| Average Directional Index/ADX (14) | 28.88 | POSITIVE | The high ADX value value for CIM suggests a strong trend. |
12.2
+0.47 (+4.01%)
CHIMERA INVESTMENT CORP / CIM FAQ
Can you provide the ChartMill technical rating for CHIMERA INVESTMENT CORP?
ChartMill assigns a technical rating of 0 / 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 38.6093. 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 negative.
What are the support and resistance levels for CHIMERA INVESTMENT CORP (CIM) stock?
CHIMERA INVESTMENT CORP (CIM) has a resistance level at 13.07. Check the full technical report for our detailed analysis of CIM support and resistance levels.