COMMERCIAL METALS CO (CMC) Stock Technical Analysis
NYSE:CMC - New York Stock Exchange, Inc. - US2017231034 - Common Stock - Currency: USD
Taking everything into account, CMC scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CMC is a bad performer in the overall market: 78% of all stocks are doing better.
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 an average performer in the Metals & Mining industry, it outperforms 41% of 152 stocks in the same industry.
In the last month CMC has a been trading in the 45.50 - 52.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CMC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 47.20, a Stop Loss order could be placed below this zone.
More info and screens
46.41
52.71
When analyzing the support we notice one important area.
- A support zone ranging from 46.88 to 47.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 49.13 to 50.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.69 to 52.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.39
Mansfield-1.84
10 Day High52.39
10 Day Low48.48
20 Day High52.39
20 Day Low45.5
52 Week High64.53
52 Week Low45.5
Performance
1 Week-2.66%
2 Weeks-5.08%
1 Month-0.47%
3 Month-9.99%
6 Month-10.46%
12 Month-4.05%
2 Year-9.73%
3 Year46.5%
5 Year138.39%
10 Year265.05%
15 Year256.55%
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)0.28
RSI(14)40.85
LBB47.46
UBB52.33
COMMERCIAL METALS CO
NYSE:CMC (1/30/2025, 8:15:11 PM)
After market: 48.99 0 (0%)48.99
-0.92 (-1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.84%
1 Week-2.66%
2 Weeks-5.08%
1 Month-0.47%
3 Month-9.99%
6 Month-10.46%
12 Month-4.05%
2 Year-9.73%
3 Year46.5%
5 Year138.39%
10 Year265.05%
15 Year256.55%
Volatility
ATR(14)1.64
ATR(20)%3.41%
ATR Inc-11.41%
Range Today1.82
ADR(20)1.54
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.39
Mansfield-1.84
10 Day High52.39
10 Day Low48.48
20 Day High52.39
20 Day Low45.5
52 Week High64.53
52 Week Low45.5
CS1 End47.2
CR1 Start49.13
Volume & EV
DER(3)1.54%
DER(5)1.41%
Volume720.00K
Volume Incr-29.6%
Vol(5)780.08K
Vol(50)979.80K