Stock Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
CANADIAN IMPERIAL BANK of COMMERCE (TSE:CM.PR.Q)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for CM.PR.Q
The long term trend has been UP since Jul 5th, 2017 at 23.80
The intermediate term trend has been DOWN since Dec 1st, 2017 at 24.36
The short term trend has been UP since Dec 12th, 2017 at 24.20
Smart Scan Analysis for CM.PR.Q
Based on a pre-defined weighted trend formula for chart analysis, CM.PR.Q scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||24.8||Year High Date||2017-10-06|
|Year Low||21.77||Year Low Date||2017-01-03|
|52wk High||24.8||52wk High Date||2017-10-06|
|52wk Low||21.18||52wk Low Date||2016-12-20|