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Commercial Metals Company (CMC)
NYSE:CMC

Commercial Metals Company (CMC) Technical Analysis

495 Followers

Technical Sentiment

Overall Consensus
Buy
12Bullish
6Neutral
4Bearish
Technical Analysis Consensus
Buy
3Bullish
6Neutral
1Bearish
Moving Average Consensus
Buy
9Bullish
0Neutral
3Bearish
Commercial Metals Company’s (CMC) Moving Averages Convergence Divergence (MACD) indicator is 1.32, suggesting Commercial Metals Company is a Sell.
Commercial Metals Company’s (CMC) 20-Day exponential moving average is 56.56, while Commercial Metals Company’s (CMC) share price is $57.88, making it a Buy.
Commercial Metals Company’s (CMC) 50-Day exponential moving average is 54.39, while Commercial Metals Company’s (CMC) share price is $57.88, making it a Buy.

Commercial Metals Company (CMC) Pivot Points

Apr 18, 2024, 01:00 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
55.10
56.02
56.72
57.64
58.34
59.26
59.96
Fibonacci
56.02
56.64
57.02
57.64
58.26
58.64
59.26
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Commercial Metals Company (CMC) Moving Averages

Apr 18, 2024, 01:00 AM
Period
Simple
Exponential
MA5
58.07Sell
57.89Sell
MA10
58.02Sell
57.57Buy
MA20
56.06Buy
56.56Buy
MA50
54.26Buy
54.39Buy
MA100
50.85Buy
52.24Buy
MA200
50.77Buy
50.89Buy
Commercial Metals Company’s (CMC) 10-Day exponential moving average is 57.57, while Commercial Metals Company’s (CMC) share price is $57.88, making it a Buy.
Commercial Metals Company’s (CMC) 100-Day exponential moving average is 52.24, while Commercial Metals Company’s (CMC) share price is $57.88, making it a Buy.
Commercial Metals Company’s (CMC) stock price is $57.88 and Commercial Metals Company’s (CMC) 50-day simple moving average is 54.26, creating a Buy signal.
Commercial Metals Company’s (CMC) stock price is $57.88 and Commercial Metals Company’s (CMC) 100-day simple moving average is 50.85, creating a Buy signal.
Commercial Metals Company’s (CMC) stock price is $57.88 and Commercial Metals Company’s (CMC) 200-day simple moving average is 50.77, creating a Buy signal.

Commercial Metals Company (CMC) Technical Indicators

Apr 18, 2024, 01:00 AM
Name
Value
Implied Action
RSI (14)
60.85
Neutral
STOCH (9,6)
40.13
Neutral
STOCHRSI (14)
70.11
Neutral
MACD (12,26)
1.32
Sell
ADX (14)
23.14
Neutral
Williams %R
-31.90
Buy
CCI (14)
44.60
Neutral
ATR (14)
1.37
-
Ultimate Oscillator
53.12
Neutral
ROC
7.66
Buy
Commercial Metals Company’s (CMC) Relative Strength Index (RSI) is 60.85, creating a Neutral signal.
Commercial Metals Company’s (CMC) Trend Strength Indicator (ADX) is 23.14, creating a Neutral signal.
Commercial Metals Company’s (CMC) Commodity Channel Index (CCI) is 44.60, creating a Neutral signal.
Commercial Metals Company’s (CMC) Price Rate of Change (ROC) is 7.66, creating a Buy signal.

FAQ

Is CMC a Buy, Hold, or Sell?
Based on CMC’s technical indicators, CMC is a Buy.
    What is CMC’s RSI (14)?
    CMC’s RSI (14) is 60.85, which suggests CMC is a Neutral.
      What is CMC’s MACD?
      CMC’s MACD is 1.32, which suggests CMC is a Sell.
        What is CMC’s 5-day moving average?
        CMC’s 5-day moving average is 58.07, which suggests CMC is a Sell.
          What is CMC’s 20-day moving average?
          CMC 20-day moving average is 56.06, which suggests CMC is a Buy.
            What is CMC’s 50-day moving average?
            CMC’s 50-day moving average is 54.26, which suggests CMC is a Buy.
              What is CMC’s 200-day moving average?
              CMC’s 200-day moving average is 50.77, which suggests CMC is a Buy.
                What is CMC’s Williams % R (14)?
                CMC’s Williams % R (14) is -31.90, which suggests CMC is a Buy.
                  What is CMC’s CCI (14)?
                  CMC’s CCI (14) is 44.60, which suggests CMC is a Neutral.
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