RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CIM
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Green day on Thursday for Chimera Investment Corporation stock after gaining 1.54%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 20, 2024 Gain 2.44% PDF

The Chimera Investment Corporation stock price gained 1.54% on the last trading day (Thursday, 28th Mar 2024), rising from $4.54 to $4.61. During the last trading day the stock fluctuated 1.97% from a day low at $4.56 to a day high of $4.65. The price has risen in 6 of the last 10 days and is up by 4.77% over the past 2 weeks. Volume fell on the last day by -106 thousand shares and in total, 1 million shares were bought and sold for approximately $5.26 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $4.68 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -12.58% during the next 3 months and, with a 90% probability hold a price between $3.40 and $4.09 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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CIM Signals & Forecast

Mostly positive signals in the chart today. The Chimera Investment Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $4.53 and $4.45. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 14, 2024, and so far it has risen 9.24%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Chimera Investment Corporation stock

Chimera Investment Corporation finds support from accumulated volume at $4.52 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 $0.0900 between high and low, or 1.97%. For the last week the stock has had daily average volatility of 2.37%.

Our recommended stop-loss: $4.45 (-3.53%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)

Trading Expectations (CIM) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Chimera Investment Corporation to open at $4.61, and during the day (based on 14 day Average True Range), to move between $4.47 and $4.75, which gives a possible trading interval of +/-$0.135 (+/-2.94%) up or down from last closing price. If Chimera Investment Corporation takes out the full calculated possible swing range there will be an estimated 5.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $4.52 (1.95%) than the resistance at $4.94 (7.16%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Chimera Investment Corporation stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.530 Buy Candidate Unchanged

Predicted Opening Price for Chimera Investment Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$4.61 ( 0.0723%) $4.61

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

Trading levels for CIM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.70 1.88 %
R2 4.66 1.13 %
R1 4.64 0.673 %
Current price: 4.61
Support S1 4.57 -0.82 %
S2 4.55 -1.28 %
S3 4.52 -2.02 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.99 8.24 %
R2 4.96 7.59 %
R1 4.94 7.16 %
Current price 4.61
Support S1 4.52 -1.95%
S2 4.36 -5.42%
S3 4.22 -8.46%

CIM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 28, 2023 Dec 28, 2023 Jan 31, 2024 $0.110 2.29%
2 Aug 03, 2023 Sep 28, 2023 Oct 31, 2023 $0.180 3.75%
3 Jun 14, 2023 Jun 29, 2023 Jul 31, 2023 $0.180 2.87%
4 Feb 02, 2023 Mar 30, 2023 Apr 27, 2023 $0.230 4.12%
5 Nov 17, 2022 Dec 29, 2022 Jan 31, 2023 $0.230 3.16%

FAQ

What is the symbol for Chimera Investment Corporation Stock and on which exchange is it traded?
The symbol for Chimera Investment Corporation is CIM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Chimera Investment Corporation Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

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

What's the current price of Chimera Investment Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Chimera Investment Corporation (CIM) share was $4.61.

What is the 52-week high and low for Chimera Investment Corporation Stock?
The 52-week high for Chimera Investment Corporation Stock is $6.49 and the 52-week low is $4.17.

What is the market capitalization of Chimera Investment Corporation Stock?
As of the 2024-03-28, the market capitalization of Chimera Investment Corporation is 1.113B.

When is the next earnings date for Chimera Investment Corporation?
The upcoming earnings date for Chimera Investment Corporation is May 02, 2024.
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About Chimera Investment Corporation

Chimera Investment Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities. It has elected to be taxed as... CIM Profile

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