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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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Green day on Tuesday for CIM Commercial Trust Corporation stock after gaining 3.53%
(Updated on Jun 11, 2024)

Sell candidate since Jun 10, 2024 Gain 3.53% PDF

The CIM Commercial Trust Corporation stock price gained 3.53% on the last trading day (Tuesday, 11th Jun 2024), rising from $2.83 to $2.93. During the last trading day the stock fluctuated 2.81% from a day low at $2.85 to a day high of $2.93. The price has risen in 7 of the last 10 days and is up by 1.03% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 603 more shares were traded than the day before. In total, 6 thousand shares were bought and sold for approximately $18.26 thousand.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -28.64% during the next 3 months and, with a 90% probability hold a price between $1.92 and $2.29 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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CMCT Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, June 10, 2024, and so far it has risen 3.53%. 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). CIM Commercial Trust Corporation has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. 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 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 $3.06. On a fall, the stock will find some support from the short-term average at $2.91. 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.

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

CIM Commercial Trust Corporation finds support from accumulated volume at $2.92 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.0800 (2.81%) between high and low. For the last week, the stock has had daily average volatility of 1.96%.

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 Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect CIM Commercial Trust Corporation to open at $2.90, and during the day (based on 14 day Average True Range), to move between $2.83 and $3.03, which gives a possible trading interval of +/-$0.100 (+/-3.43%) 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 6.85% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.92 (0.34%) than the resistance at $3.02 (3.07%), 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 we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.644 Sell Candidate Unchanged

Predicted Opening Price for CIM Commercial Trust Corporation of Wednesday, June 12, 2024

Fair opening price June 12, 2024 Current price
$2.90 ( 0.91%) $2.93

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

Trading levels for CMCT

Fibonacci Support & Resistance Levels

Level Price
R3 2.98 1.82%
R2 2.95 0.777%
R1 2.93 0.133%
Price 2.93
S1 2.87 -1.95%
S2 2.85 -2.60%
S3 2.82 -3.64%

Accumulated Volume Support & Resistance Levels

Level Price
R3 3.56 21.33%
R2 3.32 13.31%
R1 3.02 3.07%
Price 2.93
S1 2.92 -0.341%
S2 2.88 -1.71%
S3 2.85 -2.73%

CMCT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 05, 2024 Apr 05, 2024 Apr 22, 2024 $0.0850 2.54%
2 Dec 20, 2023 Dec 29, 2023 Jan 16, 2024 $0.0850 2.30%
3 Sep 27, 2023 Oct 05, 2023 Oct 23, 2023 $0.0900 2.20%
4 Jun 27, 2023 Jul 07, 2023 Jul 24, 2023 $0.0850 1.74%
5 Mar 20, 2023 Mar 29, 2023 Apr 11, 2023 $0.0850 2.00%

FAQ

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 we believe that 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 Jun 11, 2024, the price of an CIM Commercial Trust Corporation (CMCT) share was $2.93.

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 $5.14 and the 52-week low is $2.82.

What is the market capitalization of CIM Commercial Trust Corporation Stock?
As of the Jun 11, 2024, the market capitalization of CIM Commercial Trust Corporation is 66.765M.

When is the next earnings date for CIM Commercial Trust Corporation?
The upcoming earnings date for CIM Commercial Trust Corporation is Aug 08, 2024.
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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

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