COMMERCIAL METALS CO (CMC)
US2017231034 - Common Stock
We assign a technical rating of 0 out of 10 to CMC. CMC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
61% of all other stocks performed better in the past year than CMC.
CMC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CMC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
CMC is an average performer in the Metals & Mining industry, it outperforms 59% of 155 stocks in the same industry.
CMC has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
48.17
63.44
2 important support areas can be observed.
- A support zone ranging from 49.80 to 50.38. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 48.66 to 48.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @62.81 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.2
Mansfield-1.63
10 Day High60.44
10 Day Low48.43
20 Day High64.53
20 Day Low48.43
52 Week High64.53
52 Week Low47.42
Performance
1 Week-0.33%
2 Weeks-17.09%
1 Month-17.83%
3 Month-7.15%
6 Month-7.13%
12 Month2.06%
2 Year5.73%
3 Year40.73%
5 Year129.32%
10 Year213.51%
15 Year226.33%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.1
RSI(14)31.4
LBB45.7
UBB65.11
COMMERCIAL METALS CO
NYSE:CMC (12/26/2024, 6:30:00 PM)
After market: 51.07 0 (0%)51.07
+0.57 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.13%
1 Week-0.33%
2 Weeks-17.09%
1 Month-17.83%
3 Month-7.15%
6 Month-7.13%
12 Month2.06%
2 Year5.73%
3 Year40.73%
5 Year129.32%
10 Year213.51%
15 Year226.33%
Volatility
ATR(14)1.91
ATR(20)%3.6%
ATR Inc-34.59%
Range Today1.4
ADR(20)1.71
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.2
Mansfield-1.63
10 Day High60.44
10 Day Low48.43
20 Day High64.53
20 Day Low48.43
52 Week High64.53
52 Week Low47.42
CS1 End50.38
CR1 Start62.81
Volume & EV
DER(3)1.15%
DER(5)0.47%
Volume822.68K
Volume Incr62.42%
Vol(5)1.30M
Vol(50)946.17K