CANADIAN IMPERIAL BANK - CM 3.909 PERP (CM-PR-P.CA) Technical Analysis
TSX:CM-PR-P • CA1360694246
Current stock price
CM-PR-P.CA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to CM-PR-P. Both in the recent history as in the last year, CM-PR-P has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CM-PR-P did better than 76% of all other stocks.
- CM-PR-P is one of the better performing stocks in the Banks industry, it outperforms 82% of 24 stocks in the same industry.
- CM-PR-P is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CM-PR-P has a been trading in a tight range between 24.94 and 25.00.
- Considerably lower volume is observed in the last couple of days.
CM-PR-P.CA Weekly and Daily overview Charts
CM-PR-P.CA Setup Rating and Analysis
Although CM-PR-P has an excellent technical rating, it does not offer a high 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
CM-PR-P.CA Support and Resistance Analysis
23.69
We found 2 important support areas.
- A support zone ranging from 24.70 to 24.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.93 to 24.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.02 to 25.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
CM-PR-P.CA Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for CM-PR-P.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CM-PR-P.CA is up. |
| ChartMill Relative Strength | 76.96 | POSITIVE | CM-PR-P.CA has a high relative strength, it outperformed 76.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CM-PR-P.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CM-PR-P.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CM-PR-P.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.09 | NEUTRAL | The RSI value for CM-PR-P.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CM-PR-P.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 86.67 | OVERBOUGHT | The high Stochastics value suggests CM-PR-P.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.04 | LOW VOLATILITY | The low ATR as a percentage value for CM-PR-P.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 35.81 | POSITIVE | The high ADX value value for CM-PR-P.CA suggests a strong trend. |
CM-PR-P.CA Chart- and CandleStick Pattern Analysis
CM-PR-P.CA Technicals: Chart, Performance Metrics, Trend & Indicators
CANADIAN IMPERIAL BANK - CM 3.909 PERP
TSX:CM-PR-P (1/31/2025, 7:00:00 PM)
25
+0.01 (+0.04%)
CANADIAN IMPERIAL BANK - CM 3.909 PERP / CM-PR-P.CA TA FAQ
What is the technical rating for CM-PR-P stock?
ChartMill assigns a technical rating of 8 / 10 to CM-PR-P.CA.
What is the current trend direction of CANADIAN IMPERIAL BANK - CM 3.909 PERP (CM-PR-P.CA) stock?
The current trend direction for CANADIAN IMPERIAL BANK - CM 3.909 PERP (CM-PR-P.CA) is Bullish.
Can you provide the RSI signal for CANADIAN IMPERIAL BANK - CM 3.909 PERP?
CANADIAN IMPERIAL BANK - CM 3.909 PERP (CM-PR-P.CA) has an RSI value of 59.0869. This indicates that the stock is currently neutral.
What is the MACD signal for CANADIAN IMPERIAL BANK - CM 3.909 PERP (CM-PR-P.CA) stock?
The MACD indicator for CANADIAN IMPERIAL BANK - CM 3.909 PERP (CM-PR-P.CA) has a value of -0.00580139, indicating a bearish trend.
Can you provide the buy/sell signal for CANADIAN IMPERIAL BANK - CM 3.909 PERP?
The buy/sell signal for CANADIAN IMPERIAL BANK - CM 3.909 PERP (CM-PR-P.CA) is buy as both the short term and long term trends are positive.