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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.

NYSE_CM
Open High Low CM Price Change
43.0700 43.1500 42.6450 42.7301 -0.2099
Entry Signal

MarketClub’s Trade Triangles for CM

long term down The long-term trend has been DOWN since Apr 7th, 2022 at 116.59

intermediate term up The intermediate-term trend has been UP since Jun 2nd, 2023 at 42.52

short term up 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
Smart Scan Analysis for CM
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 High100.01Year High Date2018-01-05
Year Low83.9Year Low Date2018-11-29
52wk High55.6752wk High Date2022-06-09
52wk Low39.452wk Low Date2022-12-28
Year End Close80.61Average Volume962,578
Shares Outstanding794,110Short Interest4,797,771
% Institutional63.1Market Cap36,098M
Assets943,597,000MLiabilities893,416,000M
P/E Ratio8.7848Beta0.95
Volatility17.08
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