Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
Canadian Imperial Bank Commerce (TSE:CM)
Strong Downtrend (-100) - CM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CM continues to fall. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CM
The long-term trend has been DOWN since May 2nd, 2023 at 55.000
The intermediate-term trend has been DOWN since Aug 9th, 2023 at 56.060
The short-term trend has been DOWN since Sep 21st, 2023 at 54.745
Smart Scan Analysis for CM
Based on our trend formula, CM is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 53.93 | 54.32 | 53.77 | 54.04 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 54.04 | 2239886 | 2023-09-25 16:00:00 |
| 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 |