COMMERCIAL METALS CO (CMC) Technical Analysis
NYSE:CMC • US2017231034
Current stock price
CMC Technical Rating and Analysis
Overall CMC gets a technical rating of 5 out of 10. Although CMC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- CMC is one of the lesser performing stocks in the Metals & Mining industry. 61% of 163 stocks in the same industry do better.
- In the last month CMC has a been trading in the 57.56 - 67.60 range, which is quite wide. It is currently trading near the high of this range.
- CMC has an average volume of 1229880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, CMC did better than 74% of all other stocks. We also observe that the gains produced by CMC over the past year are nicely spread over this period. However, we also see that CMC couldn't keep up this performance in the last couple of months.
- CMC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMC is lagging the market.
CMC Weekly and Daily overview Charts
CMC Setup Rating and Analysis
CMC has an average technical rating and it also does not offer a high 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
CMC Support and Resistance Analysis
56.22
3 important support areas can be observed.
- A support zone ranging from 66.70 to 68.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.28 to 59.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @56.79 from a horizontal line in the daily time frame.
CMC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CMC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMC is neutral. |
| ChartMill Relative Strength | 74.57 | POSITIVE | CMC has a high relative strength, it outperformed 74.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CMC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.14 | NEUTRAL | The RSI value for CMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.87 | POSITIVE | The MACD value suggests CMC has a positive trend. |
| Stochastics (14,3) | 84.09 | OVERBOUGHT | The high Stochastics value suggests CMC may be overbought. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for CMC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.47 | NEGATIVE | The low ADX value for CMC suggests a weak or negative trend. |
CMC Chart- and CandleStick Pattern Analysis
CMC Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:CMC (4/21/2026, 10:03:06 AM)
69.89
+2.35 (+3.48%)
COMMERCIAL METALS CO / CMC TA FAQ
What is the technical rating for CMC stock?
ChartMill assigns a technical rating of 5 / 10 to CMC.
What is the trend direction for CMC stock?
The current trend direction for COMMERCIAL METALS CO (CMC) is Bearish.
What is the RSI signal for COMMERCIAL METALS CO (CMC) stock?
COMMERCIAL METALS CO (CMC) has an RSI value of 58.1356. This indicates that the stock is currently neutral.
Can you provide the short term momentum for COMMERCIAL METALS CO?
The short term momentum for COMMERCIAL METALS CO (CMC) is neutral.
What are the support and resistance levels for COMMERCIAL METALS CO (CMC) stock?
COMMERCIAL METALS CO (CMC) has a support level at 59.64 and a resistance level at 67.55. Check the full technical report for our detailed analysis of CMC support and resistance levels.