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 of Commercial Metals Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Commercial Metals CMC at this time. Stock is rising and might rise more.

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

Stock of Commercial Metals (CMC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Commercial Metals is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 62.5 as stoploss in an intra day sell trade for a target of 59.62. However, stock will show a bullish move above 62.5.

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: 61.65
  • 12Day Average: 60.66
  • 20Day Average: 59.7
  • 50Day Average: 56.15
  • 100Day Average: 55.13
  • 150Day Average: 54.87
  • 200Day Average: 54.98

CMC Indicators & signals

Indicator MACD (12,26,9)

60.69, 58.92, 1.71
Indicator MACD is in positive zone

Indicator ADX (14)

36.71, 34.18, 15.82
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 60
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
26 Tue Nov 2024 62.15 61.77 to 62.90 0% 0.99 times
26 Tue Nov 2024 62.15 61.77 to 62.90 -0.26% 0.99 times
25 Mon Nov 2024 62.31 61.52 to 62.69 1.78% 1.31 times
22 Fri Nov 2024 61.22 60.39 to 61.75 1.29% 0.83 times
21 Thu Nov 2024 60.44 59.38 to 60.84 1.21% 0.66 times
20 Wed Nov 2024 59.72 59.19 to 60.27 0.47% 0.72 times
19 Tue Nov 2024 59.44 58.71 to 59.58 -0.34% 1.23 times
18 Mon Nov 2024 59.64 59.45 to 60.51 0.49% 0.88 times
15 Fri Nov 2024 59.35 58.85 to 60.03 -0.13% 1.12 times
14 Thu Nov 2024 59.43 59.05 to 61.10 -1.98% 1.21 times
13 Wed Nov 2024 60.63 60.52 to 61.82 -1.27% 1.05 times
12 Tue Nov 2024 61.41 60.94 to 62.48 -1.98% 1.27 times

Videos related to: CMC NEWS why is Commercial Metals Company price falling or rising

Videos related to: CMC NEWS why is Commercial Metals Company price falling or rising

Hindi Basics How To Trade In FnO Futures Options Stock Market

CMC NEWS why is Commercial Metals Company price falling or rising

 

Back to top