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Stock Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
Canadian Imperial Bank of Commerce (NYSE:CM)
Crossroads (+60) - CM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CM?
MarketClub looks at technical strength and momentum to determine if the timing is right for CM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CM
The long-term trend has been DOWN since Apr 7th, 2022 at 116.59
The intermediate-term trend has been UP since Jun 2nd, 2023 at 42.52
The short-term trend has been UP since Jun 2nd, 2023 at 42.49
Smart Scan Analysis for CM
Based on our trend formula, CM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
+60
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 43.0700 | 43.1500 | 42.6450 | 42.7301 | -0.2099 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.9400 | 272055 | 2023-06-09 13:57:06 |
| Year High | 100.01 | Year High Date | 2018-01-05 |
| Year Low | 83.9 | Year Low Date | 2018-11-29 |
| 52wk High | 55.67 | 52wk High Date | 2022-06-09 |
| 52wk Low | 39.4 | 52wk Low Date | 2022-12-28 |
| Year End Close | 80.61 | Average Volume | 962,578 |
| Shares Outstanding | 794,110 | Short Interest | 4,797,771 |
| % Institutional | 63.1 | Market Cap | 36,098M |
| Assets | 943,597,000M | Liabilities | 893,416,000M |
| P/E Ratio | 8.7848 | Beta | 0.95 |
| Volatility | 17.08 |
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