The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
CM's 9-Day RSI is ranked worse than 61.78% of 1609
companies
in the Banks industry
Industry Median: 55.13
vs CM: 56.05
Canadian Imperial Bank of Commerce (NYSE:CM) 9-Day RSI Explanation
The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.
Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.
RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
Canadian Imperial Bank of Commerce 9-Day RSI Related Terms
CM vs JPM, BAC, WFC: 9-Day RSI Comparison
For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's 9-Day RSI, along with its competitors' market caps and 9-Day RSI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Canadian Imperial Bank of Commerce 9-Day RSI vs Banks Industry
For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Canadian Imperial Bank of Commerce's 9-Day RSI falls into.
Canadian Imperial Bank of Commerce (NYSE:CM) 9-Day RSI Calculation
The formula for calculating RSI is:
RSI
=
100
–
[ 100
/
( 1 + Average Gain
/
Average Loss )]
* Note that the formula uses a positive value for the average loss.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Canadian Imperial Bank of Commerce (CM) has a 9-Day RSI of 56.05 as of Jun. 29, 2026. According to the industry distribution chart, Canadian Imperial Bank of Commerce ranks #994 out of 1609 companies in the Banks industry, placing it in the top 61.8%.
Is Canadian Imperial Bank of Commerce's 9-Day RSI too high?
Canadian Imperial Bank of Commerce's current 9-Day RSI is 56.05. The Banks industry median 9-Day RSI is 55.13. Canadian Imperial Bank of Commerce's value of 56.05 is 1.7% above this industry median. Based on the distribution chart, Canadian Imperial Bank of Commerce ranks #994 out of 1609 companies in the Banks industry, which is below the industry midpoint. Overall, Canadian Imperial Bank of Commerce has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Imperial Bank of Commerce's 9-Day RSI compare to JPM and BAC?
According to the Banks industry distribution chart, Canadian Imperial Bank of Commerce ranks #994 out of 1609 companies for 9-Day RSI. This places Canadian Imperial Bank of Commerce in the lower half of its industry. The industry median 9-Day RSI is 55.13. Canadian Imperial Bank of Commerce's value of 56.05 is 1.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 9-Day RSI for a Banks company?
The median 9-Day RSI among Banks companies is 55.13, based on 1,609 companies in the industry. Companies in the top quartile (top 25%) have a 9-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 9-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Imperial Bank of Commerce's current 9-Day RSI of 56.05 is 1.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 9-Day RSI mean?
A high 9-Day RSI can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median 9-Day RSI is 55.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Imperial Bank of Commerce's current 9-Day RSI is 56.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Imperial Bank of Commerce stock overvalued right now?
Based on GuruFocus' analysis, Canadian Imperial Bank of Commerce (CM) is currently considered Significantly Overvalued. The stock's GF Value™ is $75.58, compared to a current price of $113.76 — trading 50.5% above its estimated fair value. The current 9-Day RSI is 56.05 and 1.7% above the Banks industry median of 55.13. Canadian Imperial Bank of Commerce's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 9-Day RSI calculated?
9-Day RSI is calculated from a company's financial statements. For Canadian Imperial Bank of Commerce (CM), the current 9-Day RSI is 56.05 as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canadian Imperial Bank of Commerce (CM) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Imperial Bank of Commerce stock appears to be overvalued.
The current stock price of $113.76 is trading 50.5% above its estimated GF Value™ of $75.58.
GuruFocus considers Canadian Imperial Bank of Commerce to be Significantly Overvalued.
Key valuation signals for CM:
9-Day RSI: 56.05
GF Value™: $75.58 vs. price of $113.76 (50.5% above fair value)
Industry Position: 1.7% above the Banks median (#994 of 1609)
No single metric tells the full story. See the CM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Imperial Bank of Commerce Business Description
Canadian Imperial Bank of Commerce is Canada's fifth-largest bank with over CAD 1.1 trillion in assets at the end of fiscal 2025. It operates four business segments: Canadian retail and business banking, Canadian commercial banking and wealth management, US commercial banking and wealth management, and capital markets. It serves approximately 14 million personal banking and business customers, primarily in Canada and the US.
71GF Score
Get the complete analysis for CM
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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