Chimera Investment Corporation Stock Forecast
Chimera Investment Corporation stock price down 0% on Monday
(Updated on Apr 22, 2024)
No changes to the price of Chimera Investment Corporation stock on the last trading day (Monday, 22nd Apr 2024). During the last trading day the stock fluctuated 1.71% from a day low at $4.09 to a day high of $4.16. The price has risen in 5 of the last 10 days but is still down by -4.64% for this period.
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 -13.18% during the next 3 months and, with a 90% probability hold a price between $3.39 and $3.91 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
CIM Signals & Forecast
There are mixed signals in the stock today. The Chimera Investment 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 $4.36. On a fall, the stock will find some support from the short-term average at $4.04. 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). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 4.05%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for Chimera Investment Corporation stock
Chimera Investment Corporation finds support from accumulated volume at $4.10 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 $0.0700 between high and low, or 1.71%. For the last week, the stock has had daily average volatility of 2.34%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CIM) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect Chimera Investment Corporation to open at $4.12, and during the day (based on 14 day Average True Range), to move between $3.99 and $4.23, which gives a possible trading interval of +/-$0.122 (+/-2.97%) up or down from last closing price. If Chimera Investment Corporation takes out the full calculated possible swing range there will be an estimated 5.93% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $4.10 (0.24%) than the resistance at $4.22 (2.68%), 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?
Chimera Investment 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: -2.452 Sell Candidate Unchanged
Predicted Opening Price for Chimera Investment Corporation of Tuesday, April 23, 2024
| Fair opening price April 23, 2024 | Current price |
|---|---|
| $4.12 ( 0.243%) | $4.11 |
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 | 4.19 | 1.95 % | |
| R2 | 4.16 | 1.30 % | ||
| R1 | 4.15 | 0.89 % | ||
| Current price: | 4.11 | |||
| Support | S1 | 4.09 | -0.407 % | |
| S2 | 4.08 | -0.81 % | ||
| S3 | 4.05 | -1.46 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.52 | 9.98 % | |
| R2 | 4.44 | 8.03 % | ||
| R1 | 4.22 | 2.68 % | ||
| Current price | 4.11 | |||
| Support | S1 | 4.10 | -0.243% | |
| S2 | 4.03 | -1.95% | ||
| S3 | 3.97 | -3.41% |
CIM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Apr 05, 2024 | Apr 30, 2024 | $0.110 | 2.68% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Jan 31, 2024 | $0.110 | 2.29% |
| 3 | Aug 03, 2023 | Sep 28, 2023 | Oct 31, 2023 | $0.180 | 3.75% |
| 4 | Jun 14, 2023 | Jun 29, 2023 | Jul 31, 2023 | $0.180 | 2.87% |
| 5 | Feb 02, 2023 | Mar 30, 2023 | Apr 27, 2023 | $0.230 | 4.12% |
FAQ
Click here for our free guide on how to buy Chimera Investment Corporation Stock.
