How is CM doing right now?
In plain terms: CM is 6.2% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
Right now CM — Canadian Imperial Bank of Commerce — is in a shallow pullback, down 6.2% from its record high. Last price: $161.03. A move of this size is statistically unremarkable. It's the kind of pullback that bounces fast or extends into a deeper correction; the next leg is what matters.
