Canadian Imperial Technical Analysis

Canadian Imperial Bank of Commerce -- USA Stock  

USD 89.79  1.55  1.70%

Canadian Imperial Bank of Commerce shows Risk Adjusted Performance of 0.08719 and Mean Deviation of 0.7639. Canadian Imperial Bank technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Canadian Imperial Bank of Commerce which can be compared to its rivals. Please confirm Canadian Imperial Bank Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Canadian Imperial Bank is priced correctly providing market reflects its regular price of 89.79 per share. Given that Canadian Imperial has Jensen Alpha of 0.13, we suggest you validate Canadian Imperial Bank of Commerce prevailing market performance to make sure the company can sustain itself at future point.
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Canadian Imperial Bank Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Canadian Imperial Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Canadian Imperial Bank Trend Analysis

Use this graph to draw trend lines for Canadian Imperial Bank of Commerce. You can use it to identify possible trend reversals for Canadian Imperial as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Canadian Imperial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Canadian Imperial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Canadian Imperial Bank of Commerce applied against its price change over selected period. The best fit line has a slop of 0.04 % which may indicate that the price for Canadian Imperial Bank of Commerce will continue to decline. It has 34 observation points and a regression sum of squares at 1.31, which is the sum of squared deviations for the predicted Canadian Imperial price change compared to its average price change.

Current Sentiment - CM

Canadian Imperial Bank Investor Sentiment
Larger part of Macroaxis users are currently bullish on Canadian Imperial Bank of Commerce. What is your opinion about investing in Canadian Imperial Bank of Commerce? Are you bullish or bearish?
98% Bullish
2% Bearish
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Canadian Imperial Bank of Commerce is rated below average in mean deviation category among related companies. It is rated below average in standard deviation category among related companies creating about  1.39  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Canadian Imperial Bank of Commerce is roughly  1.39 

Canadian Imperial Market Strength

Canadian Imperial March 23, 2018 Daily Price Condition