COMMERCIAL METALS CO (CMC)
US2017231034 - Common Stock
Overall CMC gets a technical rating of 8 out of 10. Although CMC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
CMC is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CMC is leading the market.
In the last month CMC has a been trading in the 51.71 - 59.53 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, CMC turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
CMC is an average performer in the Metals & Mining industry, it outperforms 63% of 157 stocks in the same industry.
Although CMC has an excellent technical rating, it 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
43.43
60.18
5 important support areas can be observed.
- A support zone ranging from 59.00 to 59.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 54.74 to 55.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.10 to 52.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 50.25 to 50.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.87 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.11
Mansfield0.2
10 Day High59.53
10 Day Low55.34
20 Day High59.53
20 Day Low51.71
52 Week High59.81
52 Week Low39.85
Performance
1 Week1.65%
2 Weeks7.87%
1 Month9.78%
3 Month10.42%
6 Month14.11%
12 Month4.98%
2 Year49.04%
3 Year80.03%
5 Year237.24%
10 Year242.52%
15 Year257.01%
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)0.37
RSI(14)65.5
LBB51.51
UBB61.08
COMMERCIAL METALS CO
NYSE:CMC (7/26/2024, 10:34:23 AM)
59.58
+0.53 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.9%
1 Week1.65%
2 Weeks7.87%
1 Month9.78%
3 Month10.42%
6 Month14.11%
12 Month4.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.61
ATR(20)%2.6%
ATR Inc
Range Today0.62
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 High59.53
10 Day Low55.34
20 Day High59.53
20 Day Low51.71
52 Week High59.81
52 Week Low39.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume195.39K
Volume Incr-15.55%
Vol(5)807.70K
Vol(50)817.33K