CM Technical

Technical Sentiment Analysis for Canadian Imperial Bank of Commerce (CM) As of 2026-07-07, Canadian Imperial Bank of Commerce (CM) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 9 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CM stands at 59.5, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.243, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 70.417 and the Commodity Channel Index (CCI) at 120.493 further confirm a 1.91 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CM is trading above its 60-day moving average of $111.17 and above its 200-day long-term moving average of $96.554. Key price levels to watch include the immediate resistance at $117.025 and strong support at $112.07. A break above $117.025 could signal a bull continuation, while falling below $112.07 may test the next Fibonacci floor at $109.483.