CIM Commercial Trust Corporation Stock Forecast

Buy or Hold candidate since Apr 16, 2025 Gain 27.64%

The CIM Commercial Trust Corporation stock price gained 4.88% on the last trading day (Friday, 16th May 2025), rising from $6.45 to $6.77. During the last trading day the stock fluctuated 10.22% from a day low at $6.26 to a day high of $6.90. The price has risen in 6 of the last 10 days but is still down by -7.71% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 thousand more shares were traded than the day before. In total, 14 thousand shares were bought and sold for approximately $96.12 thousand.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 657.74% during the next 3 months and, with a 90% probability hold a price between $22.36 and $64.58 at the end of this 3-month period.

CMCT Signals & Forecast

The CIM Commercial Trust 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 $6.54 and $3.90. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Friday, May 02, 2025, and so far it has fallen -7.71%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

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

On the downside, the stock finds support just below today's level from accumulated volume at $5.57 and $5.30. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, CIM Commercial Trust Corporation finds support just below today's level at $5.57. If this is broken, then the next support from accumulated volume will be at $5.30 and $5.28.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.640 between high and low, or 10.22%. For the last week, the stock has had daily average volatility of 7.07%.

Our recommended stop-loss: $6.41 (-5.24%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (CMCT) For The Upcoming Trading Day Of Monday 19th

For the upcoming trading day on Monday, 19th we expect CIM Commercial Trust Corporation to open at $6.64, and during the day (based on 14 day Average True Range), to move between $6.17 and $7.36, which gives a possible trading interval of +/-$0.593 (+/-8.77%) 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 17.54% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $6.92 (2.29%) than the support at $5.57 (17.66%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is CIM Commercial Trust Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for CIM Commercial Trust Corporation stock to perform well in the short-term.

Current score: 4.686 Buy Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on May 19, 2025 - $6.64 ( 1.82%).