CMC NEWS why is Commercial Metals Company price falling or rising

CMC NEWS reasons for why stock price of Commercial Metals Company is falling or rising

CMC Commercial Metals is falling or rising technical reasons

Technical analysis forecast for Commercial Metals Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Commercial Metals CMC at this time. Stock is falling and might fall more.

It appears as if Commercial Metals CMC gave a large move recently.

Stock of Commercial Metals (CMC) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Commercial Metals is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.6 as stoploss in an intra day buy trade for a target of 43.62. However, stock will show a bearish move below 40.6.

CMC Commercial Metals is falling or rising NEWS fundamental reasons

More announcements and NEWS

CMC Commercial Metals Company current price & indicator signals

Moving Averages for Commercial Metals Company

  • 5Day Average: 42.22
  • 12Day Average: 42.38
  • 20Day Average: 44.28
  • 50Day Average: 46.87
  • 100Day Average: 50.21
  • 150Day Average: 51.63
  • 200Day Average: 52.35

CMC Indicators & signals

Indicator MACD (12,26,9)

42.62, 44.24, -1.52
Indicator MACD is in negative zone

Indicator ADX (14)

15.46, 15.65, 21.37
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CMC Commercial Metals Company are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
15 Tue Apr 2025 41.69 41.50 to 42.58 -0.43% 0.45 times
14 Mon Apr 2025 41.87 41.49 to 42.98 -0.05% 0.44 times
11 Fri Apr 2025 41.89 40.00 to 42.19 0.1% 0.9 times
10 Thu Apr 2025 41.85 40.33 to 42.14 -4.45% 1.02 times
09 Wed Apr 2025 43.80 38.85 to 45.22 11.73% 1.38 times
08 Tue Apr 2025 39.20 38.38 to 42.37 -3.59% 0.86 times
07 Mon Apr 2025 40.66 38.02 to 42.33 -0.71% 1.32 times
04 Fri Apr 2025 40.95 37.92 to 41.29 0% 1.08 times
04 Fri Apr 2025 40.95 37.92 to 41.29 -1.61% 1.08 times
03 Thu Apr 2025 41.62 41.29 to 45.96 -11.52% 1.14 times
02 Wed Apr 2025 47.04 45.53 to 47.15 0.13% 0.78 times
01 Tue Apr 2025 46.98 45.37 to 47.14 1.73% 0.8 times

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CMC NEWS why is Commercial Metals Company price falling or rising

 

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