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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Canadian Imperial Bank Commerce (TSE:CM)
Bull Market Weakness (+75) - CM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CM as it may be in the beginning stages of a reversal.
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 UP since Dec 1st, 2023 at 56.14
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 66.25
The short-term trend has been UP since May 3rd, 2024 at 64.90
Smart Scan Analysis for CM
Based on our trend formula, CM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 65.510 | 66.780 | 65.510 | 66.715 | +0.865 |
| Prev. Close | Volume | Bid | Ask | Time |
| 66.730 | 1101674 | 2024-05-08 15:59:35 |
| Year High | 125.21 | Year High Date | 2018-09-20 |
| Year Low | 110 | Year Low Date | 2018-04-24 |
| 52wk High | 125.21 | 52wk High Date | 2018-09-20 |
| 52wk Low | 110 | 52wk Low Date | 2018-04-24 |
| Year End Close | 79.97 | Average Volume | 1,170,897 |
| Volatility | 14.51 |