Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(CM) Canadian Imperial complete technical analysis [charts+indicators] | Buy/Sell Canadian Imperial | (CM) share price targets

Complete technical analysis of Canadian Imperial (CM) by charts plus indicators, forecast predictions and share price targets for Canadian Imperial (CM)

Canadian Imperial trades in USA in Finance sector.

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Canadian Imperial is 1842510

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	46.32	46.17	46.42	46.02	1.405 times
20 Tue Feb 2024	46.44	45.98	46.65	45.84	1.185 times
16 Fri Feb 2024	45.88	45.60	45.99	45.49	1.025 times
15 Thu Feb 2024	45.71	45.13	45.89	45.13	0.891 times
14 Wed Feb 2024	44.92	44.70	45.02	44.66	0.703 times
13 Tue Feb 2024	44.29	44.91	44.91	43.86	1.051 times
12 Mon Feb 2024	45.56	45.10	45.66	45.04	0.779 times
09 Fri Feb 2024	45.10	44.79	45.14	44.57	0.904 times
08 Thu Feb 2024	44.66	44.54	44.70	44.20	1.243 times
07 Wed Feb 2024	44.77	44.82	44.99	44.55	1.507 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46, but if it comes below 46, then a intra day sell could be more profitable.
If you take a sell trade below 46, then use 46 as stoploss and 45.44 as target. However if you take a buy trade in stock , then use 46 as stoploss and 46.7 as target.

Share price targets for Canadian Imperial (CM)

Target Type	Value
Downside Target	34.35
Downside Target	35.09
Downside Target	38.59
Downside Target	41.09
Downside Target	43.86
Downside Target	45.99
Downside Target	46.15
Downside Target	46.31
Upside Target	46.65
Upside Target	48.11
Upside Target	48.92

Intraday share price targets for Canadian Imperial (CM)

Target Type	Value
Downside Intraday Target	45.89
Downside Intraday Target	45.46
Upside Intraday Target	46.7
Upside Intraday Target	47.08
Downside Intraday Target	46.27

Weekly technical analysis of Canadian Imperial (CM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	46.32	45.98	46.65	45.84	0.582 times
16 Fri Feb 2024	45.88	45.10	45.99	43.86	0.901 times
09 Fri Feb 2024	45.10	45.09	45.14	44.20	1.049 times
02 Fri Feb 2024	45.40	45.68	46.31	44.75	1.564 times
26 Fri Jan 2024	45.77	46.10	46.15	44.97	0.761 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Canadian Imperial (CM)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	46.32	45.16	46.65	43.86	0.836 times
31 Wed Jan 2024	45.18	47.63	48.11	44.97	0.834 times
29 Fri Dec 2023	48.14	41.27	48.92	41.09	1.337 times
30 Thu Nov 2023	41.30	35.35	41.41	35.09	0.839 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Canadian Imperial (CM)

Price action analysis of Canadian Imperial ( (CM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Canadian Imperial ( (CM) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Canadian Imperial ( (CM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Canadian Imperial stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Canadian Imperial in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Canadian Imperial Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Canadian Imperial in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Canadian Imperial is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.38 and Canadian Imperial (CM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Canadian Imperial (CM) stock. Volume based technical analysis of Canadian Imperial (CM) stock is negative.

Canadian Imperial Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.