COMMERCIAL METALS CO (CMC) Stock Technical Analysis
USA - NYSE:CMC - US2017231034 - Common Stock
58.74 USD
+1.36 (+2.37%)
We assign a technical rating of 5 out of 10 to CMC. In the last year, CMC was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
CMC is part of the Metals & Mining industry. There are 155 other stocks in this industry, of which 74% are performing better than CMC.
CMC 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 CMC is lagging the market slightly.
In the last month CMC has a been trading in the 53.08 - 61.00 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
CMC has an average volume of 1089000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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 59% of all stocks.
Volume is considerably higher in the last couple of days.
CMC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
48.33
60.39
When analyzing the support we can see 4 important areas.
- A support zone ranging from 56.36 to 58.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.05 to 55.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @52.99 from a trend line in the daily time frame.
- Support @48.82 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @58.79 from a trend line in the weekly time frame.
- Resistance @59.79 from a horizontal line in the daily time frame.
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 | 59.94 | NEUTRAL | CMC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CMC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMC is above the rising 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) | 47.99 | NEUTRAL | The RSI value for CMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests CMC has a negative trend. |
| Stochastics (14,3) | 52.93 | NEUTRAL | The Stochastics value for CMC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for CMC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for CMC suggests a weak or negative trend. |
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)
NYSE:CMC (10/20/2025, 2:31:06 PM)
58.74
+1.36 (+2.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.37%
1 Week0.72%
2 Weeks-2.1%
1 Month-1.36%
3 Month8.92%
6 Month35.55%
12 Month2.26%
2 Year35.68%
3 Year26.11%
5 Year177.87%
10 Year299.3%
15 Year313.4%
Volatility
ATR(14)2.42
ATR(20)%3.65%
ATR Inc163.19%
Range Today1.31
ADR(20)2.03
ADR(20)%3.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.94
Mansfield0.05
10 Day High61
10 Day Low53.08
20 Day High61
20 Day Low53.08
52 Week High64.53
52 Week Low37.92
CS1 End56.96
CR1 Start57.78
Volume & EV
DER(3)2.81%
DER(5)1.04%
Volume858.94K
Volume Incr122.5%
Vol(5)2.28M
Vol(50)1.09M