CAN IMPERIAL BK OF COMMERCE (CM) Stock Technical Analysis
NYSE:CM - New York Stock Exchange, Inc. - CA1360691010 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CM. Although CM has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that CM is one of the better performing stocks in the market, outperforming 89% of all stocks.
CM is one of the better performing stocks in the Banks industry, it outperforms 79% of 398 stocks in the same industry.
CM is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so CM slightly outperforms the market at the moment.
In the last month CM has a been trading in the 53.62 - 63.89 range, which is quite wide. It is currently trading near the high of this range.
CM has an average volume of 1193450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although CM has an excellent technical rating, it does not present a decent entry opportunity 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
54.04
67.98
When analyzing the support we can see 4 important areas.
- A support zone ranging from 61.41 to 62.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 57.61 to 59.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @56.15 from a horizontal line in the weekly time frame.
- A support zone ranging from 54.59 to 55.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @65.42 from a horizontal line in the daily time frame.
- A resistance zone ranging from 66.66 to 67.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.01
Mansfield1.03
10 Day High63.89
10 Day Low58
20 Day High63.89
20 Day Low53.62
52 Week High67.45
52 Week Low46.99
Performance
1 Week4.31%
2 Weeks8.07%
1 Month8.11%
3 Month1.11%
6 Month1.22%
12 Month33.08%
2 Year54.62%
3 Year15.81%
5 Year99.34%
10 Year66.94%
15 Year88.21%
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)
Technical Indicators
MACD(12,26,9)0.56
RSI(14)72.81
LBB56.84
UBB64.35
63.72
+0.65 (+1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.03%
1 Week4.31%
2 Weeks8.07%
1 Month8.11%
3 Month1.11%
6 Month1.22%
12 Month33.08%
2 Year54.62%
3 Year15.81%
5 Year99.34%
10 Year66.94%
15 Year88.21%
Volatility
ATR(14)0.94
ATR(20)%2.21%
ATR Inc-28.25%
Range Today0.38
ADR(20)1.28
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.01
Mansfield1.03
10 Day High63.89
10 Day Low58
20 Day High63.89
20 Day Low53.62
52 Week High67.45
52 Week Low46.99
CS1 End62.24
CR1 Start65.42
Volume & EV
DER(3)-0.66%
DER(5)-0.56%
Volume510.20K
Volume Incr-49.39%
Vol(5)659.84K
Vol(50)1.19M