(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 2025-01-03 View latest technical analysis
10 day averaged volume of Commercial Metals is 1059645
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri Jan 2025 | 48.89 | 48.79 | 49.47 | 48.08 | 1.24 times |
| 02 Thu Jan 2025 | 49.15 | 49.96 | 50.24 | 48.90 | 0.782 times |
| 31 Tue Dec 2024 | 49.60 | 49.41 | 50.23 | 49.41 | 0.576 times |
| 30 Mon Dec 2024 | 49.22 | 49.84 | 49.87 | 48.98 | 0.656 times |
| 27 Fri Dec 2024 | 50.11 | 50.41 | 51.17 | 49.69 | 0.553 times |
| 26 Thu Dec 2024 | 51.07 | 50.11 | 51.23 | 49.83 | 0.645 times |
| 24 Tue Dec 2024 | 50.50 | 50.02 | 50.67 | 49.53 | 0.333 times |
| 23 Mon Dec 2024 | 49.78 | 49.98 | 50.62 | 49.45 | 0.766 times |
| 20 Fri Dec 2024 | 50.27 | 48.71 | 50.68 | 48.43 | 2.932 times |
| 19 Thu Dec 2024 | 49.53 | 51.24 | 52.18 | 49.51 | 1.287 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.1, but if it comes above 49.1, then a intra day buy could be more profitable.
If you take a sell trade below 49.1, then use 49.1 as stoploss and 42.8 as target. However if you take a buy trade in stock , then use 49.1 as stoploss and 54.3 as target.
Share price targets for Commercial Metals (CMC)
| Target Type | Value |
| Downside Target | 47.42 |
| Upside Target | 49.45 |
| Upside Target | 53.55 |
| Upside Target | 56.23 |
| Upside Target | 56.91 |
| Upside Target | 57.14 |
| Upside Target | 57.25 |
| Upside Target | 61.69 |
| Upside Target | 63.41 |
| Upside Target | 63.49 |
| Upside Target | 64.14 |
Intraday share price targets for Commercial Metals (CMC)
| Target Type | Value |
| Downside Intraday Target | 47.9 |
| Downside Intraday Target | 46.91 |
| Upside Intraday Target | 50.06 |
| Upside Intraday Target | 51.23 |
| Upside Intraday Target | 49.07 |
Weekly technical analysis of Commercial Metals (CMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri Jan 2025 | 48.89 | 49.84 | 50.24 | 48.08 | 1.417 times |
| 27 Fri Dec 2024 | 50.11 | 49.98 | 51.23 | 49.45 | 0.296 times |
| 20 Fri Dec 2024 | 50.27 | 56.93 | 57.25 | 48.43 | 1.681 times |
| 13 Fri Dec 2024 | 57.21 | 62.32 | 63.49 | 56.91 | 68.019 times |
| 05 Thu Dec 2024 | 61.75 | 63.66 | 64.14 | 61.69 | 0.106 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 |
| 03 Fri Jan 2025 | 48.89 | 49.96 | 50.24 | 48.08 | 0.127 times |
| 31 Tue Dec 2024 | 49.60 | 63.66 | 64.14 | 48.43 | 1.026 times |
| 26 Tue Nov 2024 | 62.15 | 54.02 | 63.41 | 53.55 | 0.812 times |
| 31 Thu Oct 2024 | 53.80 | 54.76 | 57.14 | 51.00 | 1.249 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Commercial Metals ( (CMC) ) based on a short 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.
Price action analysis of Commercial Metals ( (CMC) ) based on a short to mid 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.
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Commercial Metals in short term and the sell signal is strong.
Commercial Metals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Commercial Metals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.81 and Commercial Metals (CMC) stock is trading below this level. This means that stock is falling with high volumes. 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Commercial Metals ( (CMC) ) based on a short 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.
Price action analysis of Commercial Metals ( (CMC) ) based on a short to mid 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.
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Commercial Metals in short term and the sell signal is strong.
Commercial Metals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Commercial Metals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.81 and Commercial Metals (CMC) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.