(CMC) Commercial Metals complete technical analysis [charts+indicators] | Buy/Sell Commercial Metals | (CMC) share price targets
Complete technical analysis of Commercial Metals (CMC) by charts plus indicators, forecast predictions and share price targets for Commercial Metals (CMC)
Commercial Metals trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-10-02 View latest technical analysis
10 day averaged volume of Commercial Metals is 871130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 53.19 | 54.43 | 54.73 | 53.06 | 1.125 times |
| 01 Tue Oct 2024 | 54.56 | 54.76 | 55.13 | 54.27 | 0.728 times |
| 30 Mon Sep 2024 | 54.96 | 54.81 | 55.29 | 54.56 | 0.903 times |
| 27 Fri Sep 2024 | 55.00 | 55.32 | 56.23 | 54.76 | 0.778 times |
| 26 Thu Sep 2024 | 54.88 | 54.93 | 55.58 | 54.07 | 0.981 times |
| 25 Wed Sep 2024 | 53.55 | 54.82 | 55.00 | 53.32 | 0.746 times |
| 24 Tue Sep 2024 | 54.52 | 54.62 | 55.38 | 54.38 | 0.983 times |
| 23 Mon Sep 2024 | 53.66 | 53.48 | 53.83 | 53.16 | 0.771 times |
| 20 Fri Sep 2024 | 53.27 | 53.98 | 54.24 | 52.92 | 2.451 times |
| 19 Thu Sep 2024 | 54.48 | 53.45 | 54.51 | 52.76 | 0.963 times |
My analysis of stock is bullish for shortterm, and stock might move up till 54.4 or till 57. Use a stoploss of 52.23 and if this stock hits its stoploss, then it can fall down till 50.06
Share price targets for Commercial Metals (CMC)
| Target Type | Value |
| Downside Target | 47.42 |
| Downside Target | 49.32 |
| Downside Target | 51.09 |
| Upside Target | 54.51 |
| Upside Target | 55.13 |
| Upside Target | 55.29 |
| Upside Target | 56.23 |
| Upside Target | 56.78 |
| Upside Target | 60.78 |
| Upside Target | 61.26 |
Intraday share price targets for Commercial Metals (CMC)
| Target Type | Value |
| Downside Intraday Target | 52.4 |
| Downside Intraday Target | 51.62 |
| Upside Intraday Target | 54.63 |
| Upside Intraday Target | 56.08 |
| Upside Intraday Target | 53.85 |
Weekly technical analysis of Commercial Metals (CMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 53.19 | 54.81 | 55.29 | 53.06 | 0.647 times |
| 27 Fri Sep 2024 | 55.00 | 53.48 | 56.23 | 53.16 | 0.719 times |
| 20 Fri Sep 2024 | 53.27 | 51.81 | 54.51 | 51.09 | 1.416 times |
| 13 Fri Sep 2024 | 51.19 | 50.16 | 51.56 | 47.42 | 1.231 times |
| 06 Fri Sep 2024 | 49.81 | 52.87 | 52.87 | 49.32 | 3.529 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Commercial Metals (CMC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 53.19 | 54.76 | 55.13 | 53.06 | 0.099 times |
| 30 Mon Sep 2024 | 54.96 | 52.87 | 56.23 | 47.42 | 1.063 times |
| 30 Fri Aug 2024 | 53.59 | 60.07 | 60.78 | 51.84 | 0.91 times |
| 31 Wed Jul 2024 | 60.10 | 55.01 | 61.26 | 51.71 | 0.849 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Commercial Metals (CMC)
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Commercial Metals ( (CMC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Commercial Metals ( (CMC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Commercial Metals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Commercial Metals in short term and the buy signal is strong.
Commercial Metals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Commercial Metals in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Commercial Metals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.06 and Commercial Metals (CMC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Commercial Metals (CMC) stock. Volume based technical analysis of Commercial Metals (CMC) stock is negative.
Commercial Metals Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Commercial Metals ( (CMC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Commercial Metals ( (CMC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Commercial Metals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Commercial Metals in short term and the buy signal is strong.
Commercial Metals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Commercial Metals in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Commercial Metals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.06 and Commercial Metals (CMC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Commercial Metals (CMC) stock. Volume based technical analysis of Commercial Metals (CMC) stock is negative.
Commercial Metals Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.