CUMMINS INC (CMI)
US2310211063 - Common Stock
We assign a technical rating of 7 out of 10 to CMI. In the last year, CMI was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month CMI has a been trading in the 273.66 - 300.22 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CMI is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, CMI also shows a nice and consistent pattern of rising prices.
CMI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CMI is lagging the market slightly.
CMI has an average volume of 1202110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
CMI is part of the Machinery industry. There are 131 other stocks in this industry, CMI did better than 70% of them.
Besides having an excellent technical rating, CMI also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
210.51
305.90
6 important support areas can be observed.
- Support @280.73 from a horizontal line in the weekly time frame.
- Support @274.33 from a horizontal line in the daily time frame.
- A support zone ranging from 251.33 to 252.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @230.04 from a horizontal line in the daily time frame.
- Support @221.73 from a trend line in the weekly time frame.
- Support @212.64 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 282.31 to 293.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 300.68 to 302.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.81
Mansfield0.06
10 Day High288.9
10 Day Low273.66
20 Day High300.22
20 Day Low273.66
52 Week High304.25
52 Week Low212.8
Performance
1 Week-0.76%
2 Weeks-2.13%
1 Month0.51%
3 Month4.24%
6 Month24.49%
12 Month29.35%
2 Year34.72%
3 Year9.5%
5 Year86.87%
10 Year84.22%
15 Year768.73%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.05
RSI(14)45.13
LBB274.27
UBB296.05
CUMMINS INC
NYSE:CMI (5/31/2024, 7:04:00 PM)
After market: 281.73 0 (0%)281.73
+2.61 (+0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.94%
1 Week-0.76%
2 Weeks-2.13%
1 Month0.51%
3 Month4.24%
6 Month24.49%
12 Month29.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.3
ATR(20)%1.89%
ATR Inc
Range Today7.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High288.9
10 Day Low273.66
20 Day High300.22
20 Day Low273.66
52 Week High304.25
52 Week Low212.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.53M
Volume Incr-5.28%
Vol(5)846.92K
Vol(50)1.20M