Canadian Imperial Bank of Commerce
No trades
No trades
In-depth trading ideas
CM (USA) - Canadian Imperial Looking Interesting.Canadian Imperial Bank of Commerce has been a quiet and steady achiever lately, putting in a solid performance with a gain of around 50% over the last year. While the tech giants grab the headlines, this Canadian banking heavyweight has been trending steadily higher. It’s one of the "Big Five" banks in Canada, meaning it’s generally seen as a stable, dividend-paying bedrock for many portfolios. When a stock like this trends this consistently, I like to pay attention.
Fundamentally, the move seems driven by a mix of resilience in the Canadian economy and the market pricing in a more favorable interest rate environment for 2026. Banks like CM are highly sensitive to rates, particularly regarding their mortgage books, and the outlook for easing rates has likely helped lift the pressure on valuations. The recent pullback looks like standard profit-taking after a very strong run into the low 90s.
Technically, the chart is behaving exactly how a trend follower likes to see. The price has pulled back and has moved back up above the 20-day SMA. I've added a Bollinger band in there and you can see each time it has compressed and the price has cross up through the 20 day its had another run as shown by the highlighted areas. The RSI has cooled off from overbought territory back to a more neutral level, so lets see if history repeats.
Could be one to keep an eye on.
==============================
PLEASE NOTE: Nothing I post is trading advice. All investing involves risk, and past performance doesn’t predict future results. Trends can and do end. For 2026 , my goal is to try and post one new asset each day. Something outside the usual gold, silver, BTC, or big tech names. I like to find stocks worldwide showing steady trends with some good gains, a recent pullback, and signs of renewed strength. I don’t necessarily hold positions in these. They are simply companies I find interesting at the time of posting. I’ll often revisit them within a week to see how they went and share any updates. If you enjoy these posts, please BOOST and FOLLOW ME to discover more under-the-radar stocks and businesses from around the world.
==============================
Canadian Imperial Bank | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up
Notes On Session
# Canadian Imperial Bank
- Double Formation
* (Short Cut Attitude)) - *Long Entry - *100EMA | Subdivision 1
* (Range Allocation)) | No Size Up | Completed Survey
* 165bars, 5020d | Date Range Method - *(Uptrend Argument))
- Triple Formation
* (P1)) / (P2)) & (P3)) | Subdivision 2
* Monthly Time Frame | Trend Settings Condition | Subdivision 3
- (Hypothesis On Entry Bias)) | Regular Settings
* Stop Loss Feature Varies Regarding To Main Entry And Can Occur Unevenly
- Position On A 1.5RR
* Stop Loss At 52.00 USD
* Entry At 65.00 USD
* Take Profit At 85.00 USD
* (Uptrend Argument)) & No Pattern Confirmation
- Continuation Pattern | Not Valid
- Reversal Pattern | Not Valid
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
A signal so bullish it might make you $CMKey Stats
P/E Ratio: 12.86 (below the sector average of 11.8)
Dividend Yield: 3.89%, with consistent payout history
Next Earnings Date: Feb 27, 2025
Recent Upgrade: Barclays raised target to $98 (Nov 30, 2024)
Revenue Growth: 7% YoY
Top 3 Technical Reasons for Bullish Bias
Breakout Zone Approaching: Price testing $94, a critical resistance from August. Break here unlocks $100+.
Golden Crossover Incoming: The 50-day SMA is edging toward a crossover with the 200-day SMA—classic bullish signal.
Strong RSI Rebound: RSI at 58, climbing but not yet overbought, suggesting more room to run.
Top 3 Fundamental Reasons for Bullish Bias
Undervalued vs Peers: Low P/E and price-to-book ratio make CM a bargain in the Canadian banking sector.
Dividends Make It Rain: 3.89% yield at this valuation is a fortress for income investors, even if growth slows.
Economic Recovery Boost: Canada's improving GDP and housing markets directly benefit CM’s retail and mortgage banking units.
Potential Paths to Profit
1️⃣ Lowest Risk: Buy shares outright and collect that juicy dibadend while waiting for the move to $101.
2️⃣ Options Play: Buy LEAPs.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
Chartvzn Analysis: Canadian Imperial Bank of Commerce (CM)b]Key Stats
Market Cap: CAD 55.6B
P/E Ratio: 12.89 (Moderately undervalued compared to industry averages)
Dividend Yield: 5.91% (Solid for income investors)
Revenue Growth: 2.58% YoY (Recent FY revenue: CAD 21.31B)
Next Earnings Date: December 7, 2024
Technical Reasons for Upside
Bullish Hammer Formation: Recent price action carved out a hammer candlestick on November 20, signaling strong buyer support at lower levels.
Ascending Channel Support: The stock is hugging the bottom of a long-term bullish channel, offering an attractive risk-reward entry.
Oversold RSI Recovery: Daily RSI bounced from oversold levels (38), aligning with potential upward momentum.
Fundamental Reasons for Upside
Strong Dividend Play: A consistent 5.91% yield positions CM as a defensive pick amid market volatility, attracting income investors.
Positive Analyst Sentiment: Recent upgrades, with price targets ranging from CAD 94 to CAD 97, signal optimism in CM’s performance.
Improved Loan Portfolio Risk: Management’s risk transfer initiatives are reducing exposure to corporate defaults.
Potential Paths to Profit
Low Risk: Accumulate shares below CAD 93. Enjoy the dividends and hold until the target is hit.
Options Play: Buy Dec 20, 2024 CAD 94 calls (~CAD 2.10 premium). Attractive theta decay under low volatility.
Pair Trade: Hedge with short positions in a weaker Canadian bank like Laurentian (LB).
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
High Probability Short Trade on CM with 1:5 Risk to Reward RatioHuge liquidity available above ATH 84. Price may sweep the liquidity above and reverse down and fill the fair value gaps. Strict stop loss should be executed if the 30 minute candle closes above 86. Target 1 - 78.5. Target 2- 73.
I would even suggest buying a DEC 20 CM 80PUT @ maximum of 1.4
PS. Use pyramiding for best result
LT Support Area / 200-500 Channel DailyA bunch of support here and stochastics look good on all timeframes presently. A move above 43.50 puts it into a 200-500 moving channel. Next resistance is the 44 figure. 47.50 first target and then 49.40-51.50. Stop would be daily close below 41.70 so RR is reasonable. Volume is currently light which is not fatal but also not ideal. With bank earnings now coming that may change.
Pattern of the Year?I actually really like this chart. It literally has a simple pattern, buy the bottom envelope (green arrows) and sell the top envelope (red arrows). The biggest thing that sticks out to me is the volume (pink arrows). Before every bounce to the upside, there is always a HUGE volume spike. Will we see another move up following this same pattern?
CM - Double BottomsA large Up channel
Price right now is looking to push to the limit and hit the top of the up channel
Once this is hit price may be rejected and pushed back down to the bottom or out of the up channel
This will also be observed as a double bottom pattern , comparable to one seen earlier in prices evolution
Short term bullish
Canadian Imperial Bank Canada Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
CANADIAN IMPERIAL BANK OF COMMEERCE Strategy Hello traders, CANADIAN IMPERIAL BANK OF COMMEERCE is in a bullish configartion with a hammer candle and high volume buy executed. On the TIMEFRAME M1 we see a dragon doji with a strong continuation of the volume of purchases made, it goes towards the top of the stabilization zone to retest it. Strong potential to breakout the price with the momentum of both the zone to join the second and land on the next high.
With a bearish breaking gap to fill (seen from TIMEFRAME H4), to access the next high followed by a test from the top of a stabilization zone in the future. See how the top of the bullish channel reacts in this session.
Please LIKE & FOLLOW, thank you!
$CM with a bullish outlook following earningsThe PEAD projected a bullish outlook following a positive under reaction for $CM placing the stock in Drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.






















