(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 2025-01-06 View latest technical analysis
10 day averaged volume of Commercial Metals is 1035272
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 50.41 | 49.56 | 51.74 | 49.40 | 1.703 times |
| 03 Fri Jan 2025 | 48.89 | 48.79 | 49.47 | 48.08 | 1.27 times |
| 02 Thu Jan 2025 | 49.15 | 49.96 | 50.24 | 48.90 | 0.8 times |
| 31 Tue Dec 2024 | 49.60 | 49.41 | 50.23 | 49.41 | 0.589 times |
| 30 Mon Dec 2024 | 49.22 | 49.84 | 49.87 | 48.98 | 0.672 times |
| 27 Fri Dec 2024 | 50.11 | 50.41 | 51.17 | 49.69 | 0.566 times |
| 26 Thu Dec 2024 | 51.07 | 50.11 | 51.23 | 49.83 | 0.66 times |
| 24 Tue Dec 2024 | 50.50 | 50.02 | 50.67 | 49.53 | 0.341 times |
| 23 Mon Dec 2024 | 49.78 | 49.98 | 50.62 | 49.45 | 0.784 times |
| 20 Fri Dec 2024 | 50.27 | 48.71 | 50.68 | 48.43 | 3.001 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 48.8 as stoploss in an intra day buy trade for a target of 53.67. However, stock will show a bearish move below 48.8.
Share price targets for Commercial Metals (CMC)
| Target Type | Value |
| Downside Target | 47.42 |
| Downside Target | 49.40 |
| Upside Target | 51.74 |
| Upside Target | 53.55 |
| Upside Target | 56.23 |
| Upside Target | 56.91 |
| Upside Target | 57.14 |
| Upside Target | 57.25 |
| 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 | 49.29 |
| Downside Intraday Target | 48.18 |
| Upside Intraday Target | 51.63 |
| Upside Intraday Target | 52.86 |
| Upside Intraday Target | 50.52 |
Weekly technical analysis of Commercial Metals (CMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 50.41 | 49.56 | 51.74 | 49.40 | 0.511 times |
| 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 |
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 |
| 06 Mon Jan 2025 | 50.41 | 49.96 | 51.74 | 48.08 | 0.231 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Commercial Metals in short term and the sell 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. 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 moving up
CCI has generated a buy signal for Commercial Metals in short term and BUY 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 49.94 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Commercial Metals in short term and the sell 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. 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 moving up
CCI has generated a buy signal for Commercial Metals in short term and BUY 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 49.94 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 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.