(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 2025-01-07 View latest technical analysis
10 day averaged volume of Commercial Metals is 1075268
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue Jan 2025 | 48.89 | 49.89 | 50.83 | 48.50 | 1.661 times |
| 06 Mon Jan 2025 | 50.41 | 49.56 | 51.74 | 49.40 | 1.64 times |
| 03 Fri Jan 2025 | 48.89 | 48.79 | 49.47 | 48.08 | 1.222 times |
| 02 Thu Jan 2025 | 49.15 | 49.96 | 50.24 | 48.90 | 0.771 times |
| 31 Tue Dec 2024 | 49.60 | 49.41 | 50.23 | 49.41 | 0.568 times |
| 30 Mon Dec 2024 | 49.22 | 49.84 | 49.87 | 48.98 | 0.647 times |
| 27 Fri Dec 2024 | 50.11 | 50.41 | 51.17 | 49.69 | 0.545 times |
| 26 Thu Dec 2024 | 51.07 | 50.11 | 51.23 | 49.83 | 0.636 times |
| 24 Tue Dec 2024 | 50.50 | 50.02 | 50.67 | 49.53 | 0.328 times |
| 23 Mon Dec 2024 | 49.78 | 49.98 | 50.62 | 49.45 | 0.754 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 48.4 as stoploss in an intra day buy trade for a target of 53.03. However, stock will show a bearish move below 48.4.
Share price targets for Commercial Metals (CMC)
| Target Type | Value |
| Downside Target | 47.42 |
| 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 | 47.68 |
| Downside Intraday Target | 46.47 |
| Upside Intraday Target | 50.92 |
| Upside Intraday Target | 52.95 |
| Upside Intraday Target | 49.71 |
Weekly technical analysis of Commercial Metals (CMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue Jan 2025 | 48.89 | 49.56 | 51.74 | 48.50 | 1.029 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 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 |
| 07 Tue Jan 2025 | 48.89 | 49.96 | 51.74 | 48.08 | 0.336 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 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 and selling is picking up 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 49.64 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 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 and selling is picking up 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 49.64 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.