COMMERCIAL METALS CO (CMC) Stock Technical Analysis
NYSE:CMC - New York Stock Exchange, Inc. - US2017231034 - Common Stock - Currency: USD
Overall CMC gets a technical rating of 2 out of 10. In the past year, CMC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
70% of all other stocks performed better in the past year than CMC.
CMC is one of the lesser performing stocks in the Metals & Mining industry. 63% of 153 stocks in the same industry do better.
In the last month CMC has a been trading in the 37.92 - 46.90 range, which is quite wide. It is currently trading near the high of this range.
CMC has an average volume of 1306560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CMC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
The technical rating of CMC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
39.94
53.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 44.16 to 44.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @41.60 from a horizontal line in the daily time frame.
- A support zone ranging from 40.34 to 40.94. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 52.51 to 53.06. 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
CRS30.25
Mansfield-1.14
10 Day High46.9
10 Day Low41.26
20 Day High46.9
20 Day Low37.92
52 Week High64.53
52 Week Low37.92
Performance
1 Week5.23%
2 Weeks9.78%
1 Month11.65%
3 Month-4.17%
6 Month-14.62%
12 Month-16.87%
2 Year8.7%
3 Year16.96%
5 Year170.8%
10 Year189.17%
15 Year198.46%
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)0.59
RSI(14)60.13
LBB40.52
UBB46.5
46.47
+1.12 (+2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.47%
1 Week5.23%
2 Weeks9.78%
1 Month11.65%
3 Month-4.17%
6 Month-14.62%
12 Month-16.87%
2 Year8.7%
3 Year16.96%
5 Year170.8%
10 Year189.17%
15 Year198.46%
Volatility
ATR(14)1.37
ATR(20)%4.66%
ATR Inc-11.89%
Range Today1.62
ADR(20)2.01
ADR(20)%4.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.25
Mansfield-1.14
10 Day High46.9
10 Day Low41.26
20 Day High46.9
20 Day Low37.92
52 Week High64.53
52 Week Low37.92
CS1 End44.32
CR1 Start52.51
Volume & EV
DER(3)-3.84%
DER(5)-2.94%
Volume919.70K
Volume Incr-29.62%
Vol(5)924.32K
Vol(50)1.31M