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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CBSH
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Stronger technical forecast for Commerce Bancshares stock price after Friday trading.
(Updated on Jun 21, 2024)

Hold candidate since Jun 21, 2024 PDF

The Commerce Bancshares stock price gained 1.20% on the last trading day (Friday, 21st Jun 2024), rising from $53.45 to $54.09. During the last trading day the stock fluctuated 1.71% from a day low at $53.18 to a day high of $54.09. The price has fallen in 6 of the last 10 days and is down by -0.37% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 667 thousand more shares were traded than the day before. In total, 934 thousand shares were bought and sold for approximately $50.52 million.

The stock lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $53.10 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 4.24% during the next 3 months and, with a 90% probability hold a price between $55.36 and $60.66 at the end of this 3-month period.

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CBSH Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 2.15%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Commerce Bancshares stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $55.18. On a fall, the stock will find some support from the short-term average at $53.49. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Commerce Bancshares stock

Commerce Bancshares finds support from accumulated volume at $54.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.91 between high and low, or 1.71%. For the last week the stock has had daily average volatility of 1.48%.

Our recommended stop-loss: $50.90 (-5.89%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 29 days ago.)

Trading Expectations (CBSH) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Commerce Bancshares to open at $53.79, and during the day (based on 14 day Average True Range), to move between $53.15 and $55.03, which gives a possible trading interval of +/-$0.94 (+/-1.74%) up or down from last closing price. If Commerce Bancshares takes out the full calculated possible swing range there will be an estimated 3.49% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $54.00 (0.17%) than the resistance at $54.79 (1.29%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Commerce Bancshares stock A Buy?

Commerce Bancshares holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.310 Hold/Accumulate Upgraded

Predicted Opening Price for Commerce Bancshares of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
$53.79 ( 0.561%) $54.09

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CBSH

Fibonacci Support & Resistance Levels

Level Price
R3 54.70 1.12%
R2 54.35 0.479%
R1 54.13 0.0819%
Price 54.09
S1 53.44 -1.20%
S2 53.22 -1.60%
S3 52.88 -2.24%

Accumulated Volume Support & Resistance Levels

Level Price
R3 55.64 2.87%
R2 55.45 2.51%
R1 54.79 1.29%
Price 54.09
S1 54.00 -0.166%
S2 53.07 -1.89%
S3 52.01 -3.85%

CBSH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 05, 2024 Jun 05, 2024 Jun 18, 2024 $0.270 0.504%
2 Feb 02, 2024 Mar 06, 2024 Mar 25, 2024 $0.270 0.525%
3 Oct 27, 2023 Dec 04, 2023 Dec 18, 2023 $0.270 0.499%
4 Oct 27, 2023 Dec 01, 2023 Dec 18, 2023 $0.270 0.499%
5 Jul 28, 2023 Sep 05, 2023 Sep 25, 2023 $0.270 0.593%

FAQ

What is the symbol for Commerce Bancshares Stock and on which exchange is it traded?
The symbol for Commerce Bancshares is CBSH and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Commerce Bancshares Stock?
Commerce Bancshares holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Commerce Bancshares Stock?
Commerce Bancshares Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Commerce Bancshares Stock.

What's the current price of Commerce Bancshares Stock?
As of the end of day on the Jun 21, 2024, the price of an Commerce Bancshares (CBSH) share was $54.09.

What is the 52-week high and low for Commerce Bancshares Stock?
The 52-week high for Commerce Bancshares Stock is $57.48 and the 52-week low is $42.97.

What is the market capitalization of Commerce Bancshares Stock?
As of the Jun 21, 2024, the market capitalization of Commerce Bancshares is 6.924B.

When is the next earnings date for Commerce Bancshares?
The upcoming earnings date for Commerce Bancshares is Jul 18, 2024.
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About Commerce Bancshares

Commerce Bancshares Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth. The Consumer segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, mo... CBSH Profile

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