Technicals in Review for Chimera Investment Corp (CIM) As MACD Shows Buy

After a recent reading, we have noted that the longer-term MACD oscillator indicator signal on shares of Chimera Investment Corp (CIM) is pointing to a Buy. The MACD is generally used to gauge bullish or bearish price movements. The direction of the MACD signal is currently Strongest. Taking a peek at the 50-day parabolic time/price signal, we can see the signal is presently displaying a Sell. Let’s take a quick look at some recent stock price activity. At the time of writing, the high price for the current session is 20.37. On the flip side, the low price for the trading session is presently 20.1. After noting recent price levels, we can see that the change from today’s open is presently -0.18.

Investors often struggle with keeping their emotions in check when approaching the stock market. New investors can have a tendency to sell off winners too quick as well as hold onto losers for way too long. Some will argue that it is never a bad thing to take profits when they are on the table, but this can leave the investor with a large amount of regret if the stock continues to surge after selling. On the other end, investors may hold onto losers for way too long hoping for a bounce back. Holding out for better days can lead to even more exaggerated losses that can leave the investor with an even bigger feeling of regret. Battling to keep emotions separated from important investing decisions can be a big plus for investors over the long haul. Of course, this idea is easier to preach and much harder to follow.

Taking a look at some historical average volume numbers, Chimera Investment Corp (CIM) has a 1 month average of 968338, a 3 month average of 1370262. Investors may be trying to identify volume trends over time. Some investors may look for consistency, while others may be interested in peculiar activity. Focusing on another technical indicator, the stock currently has a 9 day raw stochastic value of 6.38%. This value (ranging from 0-100%) shows where the stock price closed relative to the price range over the given period.

Investors often like to keep track of what the sell-side analysts think about certain stocks. Professional Street analysts that cover specific stocks may have deeper knowledge regarding the current health of the company. Analysts may be more active around earnings report periods. They will often make updates to estimates prior to and after a company’s quarterly release. Shifting gears, we can take a brief look at how the stock has fared over the past year. The current analyst rating on shares of Chimera Investment Corp (CIM) is 4. This is based on a scale where a 5 would indicate a Strong Buy, a 4 would equal a Moderate Buy, 3 a hold, 2 a moderate sell, and a rating of 1 would indicate a Strong Sell. After a recent look, we have noted that the stock’s high price over the past 52-weeks is presently 20.54. Over the same period, shares have dipped to a low of 16.88. Investors and analysts will be curious to see how shares perform heading into the second half of the calendar year.

Investors may have a solid plan in place to start trading the equity market. Sometimes, these plans never get to be fully realized because of the lack of discipline in the early stages. When a new investor goes into the red right out the gate, there can be a tendency to take on too much risk trying to get back to even. This may result in the investor abandoning the plan and making too many unreasonable trades with exorbitant expectations. Finding the self control to not get discouraged with early losses may help the investor stick to the plan and eventually start achieving longer-term goals. 

At some point in time, traders may have to deal with the overconfidence issue when dealing with the market. Traders may have times when they go on runs where everything works out. This may cause the individual to become overconfident in their ability and possibly lead to uninformed decisions late on. When the good times are rolling, it can be easy to think that the winners are a direct result of skill. This may be true, but if this is incorrect, it can lead to portfolio damage in the future. Having is long string of winning trades is a great thing, but markets can be cruel and have the ability to turn very quickly. Approaching every trade with the same research and examination may help the trader to make better decisions when a string of trades eventually go the wrong way.

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