CIM Commercial Trust Corp (CMCT): Price Up $0.12 (1.41)% Over Past Day, Up $0.1 (1.16)% Over Past Hour

The Hourly View for CMCT

Currently, CMCT (Get Ratings)’s price is up $0.1 (1.16%) from the hour prior. CMCT has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Of note is that the 20 hour changed directions on CMCT; it is now pointing up. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Out of Trading stocks, CMCT ranks 55th in regards to today’s price percentage change.

CMCT’s Technical Outlook on the Daily Chart

At the moment, CMCT’s price is up $0.12 (1.41%) from the day prior. The daily chart shows that CMCT has seen 3 straight up days. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. CIM Commercial Trust Corp’s price action over the past 90 days can be seen via the chart below.

CMCT

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CMCT: Daily RSI Analysis

  • For CMCT, its RSI is now at 100.
  • CMCT and RSI may be exhibiting divergent trends. This may be something to monitor.

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