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Commercial Metals Company (CMC)
NYSE:CMC

Commercial Metals Company (CMC) Technical Analysis

516 Followers

Technical Sentiment

Overall Consensus
Buy
13Bullish
4Neutral
5Bearish
Technical Analysis Consensus
Sell
2Bullish
4Neutral
4Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
Commercial Metals Company’s (CMC) Moving Averages Convergence Divergence (MACD) indicator is 1.18, suggesting Commercial Metals Company is a Sell.
Commercial Metals Company’s (CMC) 20-Day exponential moving average is 55.40, while Commercial Metals Company’s (CMC) share price is $58.5, making it a Buy.
Commercial Metals Company’s (CMC) 50-Day exponential moving average is 54.66, while Commercial Metals Company’s (CMC) share price is $58.5, making it a Buy.

Commercial Metals Company (CMC) Pivot Points

Jul 23, 2024, 09:34 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
55.96
56.69
57.15
57.88
58.33
59.06
59.52
Fibonacci
56.69
57.15
57.43
57.88
58.33
58.61
59.06
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

Jul 23, 2024, 09:34 PM
Period
Simple
Exponential
MA5
58.06Sell
57.54Buy
MA10
56.16Buy
56.57Buy
MA20
54.79Buy
55.40Buy
MA50
54.58Buy
54.66Buy
MA100
54.90Buy
54.18Buy
MA200
51.22Buy
52.33Buy
Commercial Metals Company’s (CMC) 10-Day exponential moving average is 56.57, while Commercial Metals Company’s (CMC) share price is $58.5, making it a Buy.
Commercial Metals Company’s (CMC) 100-Day exponential moving average is 54.18, while Commercial Metals Company’s (CMC) share price is $58.5, making it a Buy.
Commercial Metals Company’s (CMC) stock price is $58.5 and Commercial Metals Company’s (CMC) 50-day simple moving average is 54.58, creating a Buy signal.
Commercial Metals Company’s (CMC) stock price is $58.5 and Commercial Metals Company’s (CMC) 100-day simple moving average is 54.90, creating a Buy signal.
Commercial Metals Company’s (CMC) stock price is $58.5 and Commercial Metals Company’s (CMC) 200-day simple moving average is 51.22, creating a Buy signal.

Commercial Metals Company (CMC) Technical Indicators

Jul 23, 2024, 09:34 PM
Name
Value
Implied Action
RSI (14)
65.71
Neutral
STOCH (9,6)
83.01
Sell
STOCHRSI (14)
83.20
Sell
MACD (12,26)
1.18
Sell
ADX (14)
22.07
Neutral
Williams %R
-16.22
Sell
CCI (14)
98.71
Neutral
ATR (14)
1.46
-
Ultimate Oscillator
54.69
Neutral
ROC
8.20
Buy
Commercial Metals Company’s (CMC) Relative Strength Index (RSI) is 65.71, creating a Neutral signal.
Commercial Metals Company’s (CMC) Trend Strength Indicator (ADX) is 22.07, creating a Neutral signal.
Commercial Metals Company’s (CMC) Commodity Channel Index (CCI) is 98.71, creating a Neutral signal.
Commercial Metals Company’s (CMC) Price Rate of Change (ROC) is 8.20, 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 65.71, which suggests CMC is a Neutral.
      What is CMC’s MACD?
      CMC’s MACD is 1.18, which suggests CMC is a Sell.
        What is CMC’s 5-day moving average?
        CMC’s 5-day moving average is 58.06, which suggests CMC is a Sell.
          What is CMC’s 20-day moving average?
          CMC 20-day moving average is 54.79, which suggests CMC is a Buy.
            What is CMC’s 50-day moving average?
            CMC’s 50-day moving average is 54.58, which suggests CMC is a Buy.
              What is CMC’s 200-day moving average?
              CMC’s 200-day moving average is 51.22, which suggests CMC is a Buy.
                What is CMC’s Williams % R (14)?
                CMC’s Williams % R (14) is -16.22, which suggests CMC is a Sell.
                  What is CMC’s CCI (14)?
                  CMC’s CCI (14) is 98.71, which suggests CMC is a Neutral.
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