(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 2024-11-25 View latest technical analysis
10 day averaged volume of Commercial Metals is 732860
Date | Daily Closing Price | Open | High | Low | Volume |
25 Mon Nov 2024 | 62.31 | 61.60 | 62.69 | 61.52 | 1.232 times |
22 Fri Nov 2024 | 61.22 | 60.42 | 61.75 | 60.39 | 0.785 times |
21 Thu Nov 2024 | 60.44 | 59.74 | 60.84 | 59.38 | 0.62 times |
20 Wed Nov 2024 | 59.72 | 59.47 | 60.27 | 59.19 | 0.677 times |
19 Tue Nov 2024 | 59.44 | 58.97 | 59.58 | 58.71 | 1.16 times |
18 Mon Nov 2024 | 59.64 | 59.72 | 60.51 | 59.45 | 0.83 times |
15 Fri Nov 2024 | 59.35 | 59.64 | 60.03 | 58.85 | 1.053 times |
14 Thu Nov 2024 | 59.43 | 60.74 | 61.10 | 59.05 | 1.139 times |
13 Wed Nov 2024 | 60.63 | 61.42 | 61.82 | 60.52 | 0.993 times |
12 Tue Nov 2024 | 61.41 | 62.42 | 62.48 | 60.94 | 1.193 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 62.1, but if it comes below 62.1, then a intra day sell could be more profitable.
If you take a sell trade below 62.1, then use 62.1 as stoploss and 58.95 as target. However if you take a buy trade in stock , then use 62.1 as stoploss and 65.9 as target.
Share price targets for Commercial Metals (CMC)
Target Type | Value |
Downside Target | 47.42 |
Downside Target | 51.00 |
Downside Target | 53.55 |
Downside Target | 55.66 |
Downside Target | 58.71 |
Downside Target | 60.78 |
Downside Target | 61.26 |
Downside Target | 61.52 |
Downside Target | 61.75 |
Upside Target | 62.69 |
Upside Target | 62.94 |
Upside Target | 63.41 |
Intraday share price targets for Commercial Metals (CMC)
Target Type | Value |
Downside Intraday Target | 61.66 |
Downside Intraday Target | 61 |
Upside Intraday Target | 62.83 |
Upside Intraday Target | 63.34 |
Downside Intraday Target | 62.17 |
Weekly technical analysis of Commercial Metals (CMC)
Date | Weekly Closing Price | Open | High | Low | Volume |
25 Mon Nov 2024 | 62.31 | 61.60 | 62.69 | 61.52 | 0.302 times |
22 Fri Nov 2024 | 61.22 | 59.72 | 61.75 | 58.71 | 0.687 times |
15 Fri Nov 2024 | 59.35 | 62.74 | 63.41 | 58.85 | 0.732 times |
08 Fri Nov 2024 | 62.24 | 54.14 | 62.94 | 53.55 | 1.362 times |
01 Fri Nov 2024 | 54.43 | 52.43 | 55.66 | 52.32 | 0.958 times |
Price has moved up 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 |
25 Mon Nov 2024 | 62.31 | 54.02 | 63.41 | 53.55 | 0.745 times |
31 Thu Oct 2024 | 53.80 | 54.76 | 57.14 | 51.00 | 1.249 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 |
Scroll below to view daily charts
Price has moved up 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 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Commercial Metals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Commercial Metals in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Commercial Metals in short term and BUY 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 60.4 and Commercial Metals (CMC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been positive
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 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Commercial Metals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Commercial Metals in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Commercial Metals in short term and BUY 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 60.4 and Commercial Metals (CMC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.