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Canadian Imperial Bank of Commerce

CM.TO Technical Analysis Summary (TSX)

Analyze CM.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CM.TO●TSX
Financial ServicesBanks - Diversified
$163.59
$5.45(3.22%)
Canadian Market opens in 2h 55m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CM.TO Technical Analysis Summary (TSX)

Canadian Imperial Bank of Commerce (TSX: CM.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.70)
Trend Strength:Moderate (ADX: 28.39)
Volatility:Low (ATR: 3.23)
Support/Resistance:$160.46 – $170.70 (Bollinger Bands)

Technical conditions suggest Canadian Imperial Bank of Commerce on the TSX is awaiting a decisive move. Overall, Canadian Imperial Bank of Commerce remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 47.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 45.47

Neutral
Mid-range signal with no clear trend.

Williams %R: -96.96

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.30

Neutral
Price change is minimal.

Takeaway:Canadian Imperial Bank of Commerce shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 1.60

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.39

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.23

Medium
Medium volatility, healthy price movement.

CCI (14): -104.78

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Canadian Imperial Bank of Commerce shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$170.70
Middle Band (SMA 20)
$165.58
Lower Band
$160.46
Current Position
Within Bands

Takeaway:Canadian Imperial Bank of Commerce trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$171.52
Middle Line (EMA 20)
$165.06
Lower Channel
$158.60
Squeeze Status
Squeeze On

Takeaway:Canadian Imperial Bank of Commerce trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume36.74M
Money Flow Index71.51Bullish, inflows support continued momentum.
Relative Vigor Index67.28Bullish, price momentum strongly favors buyers.

Overall Takeaway:CM.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Canadian Imperial Bank of Commerce (TSX: CM.TO), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Canadian Imperial Bank of Commerce are mixed, suggesting a Hold or wait-and-see approach.

(TSX: CM.TO) Technical Analysis FAQ