CM technical analysis
CM Technical Analysis
Analysis date
July 15, 2026
Market
NYSE (USD)
Daily cutoff
July 14, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
CM Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- CM
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- July 14, 2026
No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| FMP (Financial Modeling Prep) | 58.47 | July 14, 2026 | - | Verified |
| Massive API (independent) | 58.47 | July 14, 2026 | 0.00% | Verified |
Bottom line
CM Technical Analysis Summary
CM (Canadian Imperial Bank of Commerce) shows a moderately bullish short-term picture on the daily chart with price trading above SMA20 and SMA50, while the weekly timeframe confirms a constructive long-term trend. Daily RSI at 58.27 sits in bullish territory below overbought, with MACD showing a positive histogram that suggests steady upside momentum. The weekly chart reinforces the bullish view: price holds above SMA20 and SMA200 with RSI near 61 and a positive MACD histogram, indicating the longer-term trend remains intact. Key support is at 57.19 (20-day SMA) and 55.94 (20-day low). Resistance sits at 60.69 (52-week high) and 61.50 (prior resistance level). A close above 60.69 would signal a breakout to new highs; a breakdown below 55.94 would suggest short-term weakness.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 14, 2026)
- Trend
- Bullish. Price at 58.47 is above SMA20 (57.19) and SMA50 (56.40), but near SMA200 (58.12). The SMA20 is above SMA50, forming a bullish short-term alignment. Price is trading around the 200-day moving average, which serves as a key inflection level.
- Momentum
- Bullish. RSI14 at 58.27 is in bullish territory below the 70 overbought threshold, suggesting room for further upside. MACD at 0.35 with signal at 0.12 and a positive histogram of 0.23 indicates accelerating bullish momentum.
- Volatility
- Moderate. ATR14 at 1.08 (1.85% of price) indicates controlled daily movement. Bollinger Bands (55.61 to 60.27) show price in the upper half of the range, consistent with the current bullish bias.
- Volume
- Near average. Latest volume of 1,875,300 is 97.8% of the 20-period average (1,917,400), indicating typical participation levels.
Assessment
The daily chart shows a stock in a moderate uptrend above its 20- and 50-day moving averages. The MACD histogram is positive and rising, confirming bullish momentum. RSI at 58.27 provides room for further upside without being overbought. The key level to watch is the SMA200 at 58.12; holding above it keeps the longer-term trend constructive.
Weekly (July 6, 2026 week)
- Trend
- Bullish. Price at 58.38 is above SMA20 (55.32) and well above SMA200 (48.14), while trading near SMA50 (57.89). The SMA200 continues to slope upward, confirming the long-term uptrend remains intact.
- Momentum
- Bullish. RSI14 at 60.83 is in bullish territory, above the midline. MACD at 0.89 with signal at 0.54 and a positive histogram of 0.35 indicates steady bullish momentum on the weekly scale.
- Volatility
- Moderate. ATR14 at 2.15 (3.68% of price) reflects normal weekly ranges for a mid-cap Canadian bank stock.
- Volume
- Near average. Weekly volume of 8,920,000 is 94.5% of the 20-week average (9,440,000), reflecting normal participation levels.
Assessment
The weekly chart supports the daily bullish view. Price is above all key moving averages with the SMA200 sloping upward. RSI at 60.83 provides room for further upside. The positive MACD histogram confirms steady upward momentum. The stock is at a 52-week position of approximately 85%, reflecting a constructive long-term trend.
Key indicators
CM Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 58.27 | 60.83 |
| MACD (12, 26, 9) | 0.35 / 0.12 / 0.23 | 0.89 / 0.54 / 0.35 |
| ATR (14) | 1.08 (1.85%) | 2.15 (3.68%) |
| Bollinger Bands (20, 2) | 55.61 - 60.27 | 50.39 - 61.08 |
| SMA (20) | 57.19 | 55.32 |
| SMA (50) | 56.40 | 57.89 |
| SMA (200) | 58.12 | 48.14 |
Price structure
CM Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 58.47 | 58.38 |
| 1-Period Return | +0.81% | +1.97% |
| 5-Period Return | +2.15% | +3.42% |
| 20-Period Return | +4.88% | +8.75% |
| 60-Period Return | +7.33% | +15.20% |
| 252-Period Return | +28.45% | +45.80% |
| 52-Week Low | 45.37 | 45.37 |
| 52-Week High | 60.69 | 60.69 |
| 52-Week Position | 83.42% | 84.53% |
Key levels
CM Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 60.11 | 60.69 |
| 20-Period Low | 55.94 | 51.82 |
| 60-Period High | 60.69 | 60.69 |
| 60-Period Low | 53.28 | 47.15 |
Scenarios
CM Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above the 52-week high at 60.69 with above-average volume.
Invalidation
Price falls below the 20-day low of 55.94.
What to watch
RSI holding above 55 on pullbacks; MACD histogram continuing to rise; volume expanding on breakouts.
Range-Bound
Trigger
Price oscillates between 55.94 (20-day low) and 60.69 (52-week high).
Invalidation
A decisive break of either boundary with increasing volume.
What to watch
RSI staying between 45 and 65; volume remaining near average; price respecting SMA50 at 56.40 as support.
Bearish
Trigger
Price breaks below the 20-day low at 55.94 and then the 60-day low at 53.28.
Invalidation
Price reclaims the SMA20 (57.19) and holds above it.
What to watch
Sustained closes below SMA50 (56.40); MACD histogram turning negative; RSI breaking below 45 on daily.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Financial Modeling Prep (FMP) as the primary source and Massive API for independent cross-validation. The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits. Volume data is from the primary source and may vary from other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.
Related Tools
AI Chart Analyzer
Upload a TradingView chart screenshot and get instant AI-powered technical analysis. Identify patterns, support and resistance, and key levels.
Support and Resistance Calculator
Calculate key support and resistance levels for any stock. Identify potential price zones where reversals or breakouts may occur.
RSI Calculator
Calculate the Relative Strength Index for any stock. Determine overbought and oversold conditions with customizable periods.