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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 CMCT
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CIM Commercial Trust Corporation stock price ended on $3.66 on Friday after losing 0.13661202185793%
(Updated on Dec 08, 2023)


Sell candidate since Nov 27, 2023 Loss -6.52% PDF
The CIM Commercial Trust Corporation stock price fell by -0.13661202185793% on the last day (Friday, 8th Dec 2023) from $3.66 to $3.66. During the last trading day the stock fluctuated 5.61% from a day low at $3.66 to a day high of $3.86. The price has fallen in 8 of the last 10 days and is down by -7.47% for this period. Volume has increased on the last day by 4 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 14 thousand shares were bought and sold for approximately $49.81 thousand.

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The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $3.63 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -7.82% during the next 3 months and, with a 90% probability hold a price between $3.34 and $3.74 at the end of this 3-month period.

CMCT Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, December 04, 2023, and so far it has risen 0.137%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The CIM Commercial Trust Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $3.73 and $3.94. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). CIM Commercial Trust Corporation gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

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Support, Risk & Stop-loss for CIM Commercial Trust Corporation stock

CIM Commercial Trust Corporation finds support from accumulated volume at $3.65 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.205 between high and low, or 5.61%. For the last week, the stock has had daily average volatility of 6.75%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CMCT) For The Upcoming Trading Day Of Monday 11th

For the upcoming trading day on Monday, 11th we expect CIM Commercial Trust Corporation to open at $3.72, and during the day (based on 14 day Average True Range), to move between $3.50 and $3.81, which gives a possible trading interval of +/-$0.157 (+/-4.30%) up or down from last closing price. If CIM Commercial Trust Corporation takes out the full calculated possible swing range there will be an estimated 8.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $3.65 (0.14%) than the resistance at $3.84 (5.06%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is CIM Commercial Trust Corporation stock A Buy?

CIM Commercial Trust Corporation holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.151 Open Broker Account

Sell Candidate Unchanged

Predicted Opening Price for CIM Commercial Trust Corporation of Monday, December 11, 2023

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

Fair opening price December 11, 2023 Current price
$3.72 $3.66 (Undervalued)

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.93 7.48 %
R2 3.85 5.34 %
R1 3.80 4.01 %
Current price: 3.66
Support S1 3.65 -0.273 %
S2 3.60 -1.60 %
S3 3.52 -3.74 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.07 11.35 %
R2 3.96 8.34 %
R1 3.84 5.06 %
Current price 3.66
Support S1 3.65 -0.137%
S2 0 .
S3 0 .
What is the symbol for CIM Commercial Trust Corporation Stock and on which exchange is it traded?
The symbol for CIM Commercial Trust Corporation is CMCT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell CIM Commercial Trust Corporation Stock?
CIM Commercial Trust Corporation holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy CIM Commercial Trust Corporation Stock?
CIM Commercial Trust 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 CIM Commercial Trust Corporation Stock.

What's the current price of CIM Commercial Trust Corporation Stock?
As of the end of day on the 2023-12-08, the price of an CIM Commercial Trust Corporation (CMCT) share was $3.66.

What is the 52-week high and low for CIM Commercial Trust Corporation Stock?
The 52-week high for CIM Commercial Trust Corporation Stock is $5.80 and the 52-week low is $3.55.

What is the market capitalization of CIM Commercial Trust Corporation Stock?
As of the 2023-12-08, the market capitalization of CIM Commercial Trust Corporation is 83.285M.

When is the next earnings date for CIM Commercial Trust Corporation?
The upcoming earnings date for CIM Commercial Trust Corporation is 2024-03-29 00:00:00.

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About CIM Commercial Trust Corporation

CIM Commercial Trust Creative Media & Community Trust Corporation is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States (including improving and developing such assets). Its properties are primarily located in Los Angeles and the San Francisco Bay Area. Creative Media & Community Trust Corporation is operated by affiliates of CIM G... CMCT Profile

CMCT Dividend Data

7.58%

Dividend Yield (TTM)
Payout Ratio (TTM) -86.20%
Frequency Quarterly
Amount Per Share $0.0900
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