Why is CM Down Today?

CM
$107.69
▼ -2.26% ($-2.43)
Last updated: Oct 01, 2026 3:34 PM ET (798 min ago)

About Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce is Canada's fifth-largest bank with around CAD 1 trillion in assets. It operates four business segments: Canadian retail and business banking, Canadian commercial banking and wealth management, US commercial banking and wealth management, and capital markets. It se...

Sector: Commercial Banks, NEC
Market Cap: $74.77B
Forward P/E: 9.4
52-Week Range: $79.32 - $124.86
Employees: 48,698

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 Commercial Banks, NEC sector moving together
This appears to be a sector-wide move. The Commercial Banks, NEC sector is down 2.5% on average.

✅ Move Confirmation

LOW VOLUME 0.1x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

Commercial Banks, NEC sector: -2.5%

This appears to be a sector-wide move. Most Commercial Banks, NEC stocks are moving in the same direction.

Market Comparison

CM is significantly underperforming the market (-2.4% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
CM
This Stock
-2.26%
vs S&P 500: -2.44%
vs Nasdaq: -2.57%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, CM is expected to trade between:
$104.46 - $109.84

Key Level to Watch

$102.31 support
Watch for breakdown below $107.69

🔔 Get CM Alerts

We'll notify you when CM's trend changes or a new signal fires.

Last updated: Oct 01, 2026 3:34 PM (798 minutes ago)
Data refreshes every 30 minutes during market hours

Historical Context

CM has moved more than 3.0% down on 3 occasions in the past year.

100.0%
Continuation Rate
3/3 times continued down
-1.39%
Avg Next Day Change
After similar down moves
Last similar move: Aug 19, 2026 (-3.1%) → Next day: -1.8%

Frequently Asked Questions

Why is CM stock down today?

This appears to be a sector-wide move. The Commercial Banks, NEC sector is down 2.5% on average.

Is CM stock a buy or sell right now?

Based on current analysis, CM shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the CM stock price target?

CM is currently trading at $107.69. Based on today's momentum, the expected short-term range is $104.46 - $109.84. See long-term price prediction →

Will CM stock continue falling?

Our analysis shows a 45% probability that CM's move continues in the next 1-3 days. Key level to watch: $102.31 (support).

Is CM stock oversold or overbought?

CM's RSI (Relative Strength Index) is currently at 37.2. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for CM stock?

CM's 10-day momentum indicator is at -3.83. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is CM outperforming or underperforming the market?

CM (-2.26%) is currently significantly underperforming the market (-2.4% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for CM?

CM's MACD (-1.51) is currently below the signal line (-1.19), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 28.7) is strong.

Is CM in an uptrend or downtrend?

Based on moving average analysis, CM is in a bearish trend. The price ($107.69) is trading below both the 20-day SMA ($113.86) and 50-day SMA ($116.36). This alignment typically indicates sustained downward pressure.

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