Commercial Metals (CMC) Technical (Analysis) Reports Commercial Metals ["Technical Analysis"] Reports -USA Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Commercial Metals (CMC)
Technical Analysis Report for USA stock CMC Commercial Metals. Dated: 28 Feb 2025 Updated Daily. Stock trades under Basic Industries Deals in Steel Iron Ore in USA stock exchange
If you are looking for Tomorrow's Movement Predictions for USA stock CMC Commercial Metals then click here. or read Experts views on Commercial Metals or Forecast & share price targets of Commercial Metals
Commercial Metals Opened at 49.07 and Closed at: 48.44, which is -1.22% of previous session's close. It moved within a range of 47.79 and 49.44
The session was a Bearish session with an average volume of 1753800, which is 52.54% of previous session's volumes.
- The stock has fallen, and its mid term trend is also negative and in a downtrend.
- The stock has fallen, and its long term trend is also negative and in a downtrend.
A Golden cross was found 8 days back on mid term averages
Support for tomorrow is 47.29 and resistance for tomorrow is 48.94
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 47.67, 46.91 resistance for tomorrow's hourly charts is 49.32, 50.21
10 Day SMA for Commercial Metals (CMC) is 50.44 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Commercial Metals (CMC) is 50.16 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Commercial Metals (CMC) is 49.85 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 53.52 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Commercial Metals is 53.69 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Commercial Metals is at 50.16 and 200 DMA is at 53.69, while 50 DMA and 100 DMA are at 49.85 and 53.52 respectively
Commercial Metals (CMC) moving average of 20 SMA is at 50.16 and 20 EMA is at 50.13
| Date | Closing Price | 20 SMA | 20 EMA |
| 28 Fri Feb | 48.44 | 50.16 | 50.13 |
| 27 Thu Feb | 49.03 | 50.16 | 50.31 |
| 26 Wed Feb | 49.91 | 50.16 | 50.44 |
| 25 Tue Feb | 50.00 | 50.16 | 50.5 |
| 24 Mon Feb | 50.07 | 50.17 | 50.55 |
| 21 Fri Feb | 49.78 | 50.15 | 50.6 |
Commercial Metals (CMC) moving average of 50 SMA is at 49.85 and 50 EMA is at 51.01
| Date | Closing Price | 50 SMA | 50 EMA |
| 28 Fri Feb | 48.44 | 49.85 | 51.01 |
| 27 Thu Feb | 49.03 | 49.87 | 51.12 |
| 26 Wed Feb | 49.91 | 49.91 | 51.21 |
| 25 Tue Feb | 50.00 | 50 | 51.26 |
| 24 Mon Feb | 50.07 | 50.12 | 51.31 |
| 21 Fri Feb | 49.78 | 50.26 | 51.36 |
Commercial Metals (CMC) moving average of 100 SMA is at 53.52 and 100 EMA is at 52.24
| Date | Closing Price | 100 SMA | 100 EMA |
| 28 Fri Feb | 48.44 | 53.52 | 52.24 |
| 27 Thu Feb | 49.03 | 53.57 | 52.32 |
| 26 Wed Feb | 49.91 | 53.61 | 52.39 |
| 25 Tue Feb | 50.00 | 53.64 | 52.44 |
| 24 Mon Feb | 50.07 | 53.69 | 52.49 |
| 21 Fri Feb | 49.78 | 53.74 | 52.54 |
Commercial Metals (CMC) moving average of 200 SMA is at 53.69 and 200 EMA is at 52.79
| Date | Closing Price | 200 SMA | 200 EMA |
| 28 Fri Feb | 48.44 | 53.69 | 52.79 |
| 27 Thu Feb | 49.03 | 53.74 | 52.83 |
| 26 Wed Feb | 49.91 | 53.78 | 52.87 |
| 25 Tue Feb | 50.00 | 53.83 | 52.9 |
| 24 Mon Feb | 50.07 | 53.87 | 52.93 |
| 21 Fri Feb | 49.78 | 53.9 | 52.96 |
Commercial Metals has performed better than Vale S in short term. Holding Commercial Metals could be a better choice for now!
Commercial Metals has performed better than Seabridge Gold in short term. Holding Commercial Metals could be a better choice for now!
Rpm International has performed better than Commercial Metals in short term. You could have earned much better returns by investing in Rpm International, about 0.3% more returns!
Commercial Metals has performed better than Newmont Mining in short term. Holding Commercial Metals could be a better choice for now!
Commercial Metals has performed better than Minerals Technologies in short term. Holding Commercial Metals could be a better choice for now!
Mesabi Trust has performed better than Commercial Metals in short term. You could have earned much better returns by investing in Mesabi Trust, about 13.23% more returns!
Quaker Chemical has performed better than Commercial Metals in short term. You could have earned much better returns by investing in Quaker Chemical, about 1.53% more returns!
Huntsman Corporation has performed better than Commercial Metals in short term. You could have earned much better returns by investing in Huntsman Corporation, about 3.08% more returns!
Commercial Metals has performed better than Hudbay Minerals in short term. Holding Commercial Metals could be a better choice for now!
Element Solutions has performed better than Commercial Metals in short term. You could have earned much better returns by investing in Element Solutions, about 2.68% more returns!
Commercial Metals has performed better than Celanese Corporation in short term. Holding Commercial Metals could be a better choice for now!
Commercial Metals has performed better than Cabot Corporation in short term. Holding Commercial Metals could be a better choice for now!
Commercial Metals has performed better than Belden Inc in short term. Holding Commercial Metals could be a better choice for now!
Commercial Metals has performed better than Air Products in short term. Holding Commercial Metals could be a better choice for now!
Commercial Metals has performed better than Olympic Steel in short term. Holding Commercial Metals could be a better choice for now!
Commercial Metals has performed better than Methanex Corporation in short term. Holding Commercial Metals could be a better choice for now!
Commercial Metals has performed better than Innospec Inc in short term. Holding Commercial Metals could be a better choice for now!
Commercial Metals has performed better than Gevo Inc in short term. Holding Commercial Metals could be a better choice for now!
Commercial Metals has performed better than Aemetis Inc in short term. Holding Commercial Metals could be a better choice for now!
Commercial Metals Technical analysis of indicators
Price action analysis of Commercial Metals (CMC) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Commercial Metals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Commercial Metals in short term and the sell signal is strong.
Commercial Metals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Commercial Metals in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Commercial Metals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 50.33 and Commercial Metals CMC stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Commercial Metals CMC stock. Volume based technical analysis of Commercial Metals CMC stock is negative.
Commercial Metals Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for USA stock CMC Commercial Metals These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And CMC Experts View which covers a lot of information including buying and selling signals
CMC future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Commercial Metals or View Candle Stick Charts here
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