COMMERCIAL METALS CO (CMC) Stock Technical Analysis
NYSE:CMC - New York Stock Exchange, Inc. - US2017231034 - Common Stock - Currency: USD
Overall CMC gets a technical rating of 0 out of 10. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CMC is a bad performer in the overall market: 72% of all stocks are doing better.
CMC is one of the lesser performing stocks in the Metals & Mining industry. 70% of 152 stocks in the same industry do better.
CMC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
CMC has an average volume of 1321880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CMC has a been trading in the 37.92 - 48.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CMC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 44.40. Right above this resistance zone may be a good entry point.
More info and screens
39.94
49.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.34 to 42.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 40.34 to 40.94. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 44.40 to 46.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @48.83 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
CRS28.31
Mansfield-1.28
10 Day High45.23
10 Day Low40
20 Day High48.98
20 Day Low37.92
52 Week High64.53
52 Week Low37.92
Performance
1 Week6.45%
2 Weeks1.35%
1 Month-9.07%
3 Month-11.06%
6 Month-14.59%
12 Month-17%
2 Year-4.93%
3 Year8.27%
5 Year178.48%
10 Year167.41%
15 Year198.32%
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)0.35
RSI(14)51.79
LBB39.47
UBB44.53
NYSE:CMC (4/25/2025, 2:01:03 PM)
43.705
-0.69 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.54%
1 Week6.45%
2 Weeks1.35%
1 Month-9.07%
3 Month-11.06%
6 Month-14.59%
12 Month-17%
2 Year-4.93%
3 Year8.27%
5 Year178.48%
10 Year167.41%
15 Year198.32%
Volatility
ATR(14)2.52
ATR(20)%5.64%
ATR Inc-30.63%
Range Today0.91
ADR(20)2.3
ADR(20)%5.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.31
Mansfield-1.28
10 Day High45.23
10 Day Low40
20 Day High48.98
20 Day Low37.92
52 Week High64.53
52 Week Low37.92
CS1 End42.51
CR1 Start44.4
Volume & EV
DER(3)-1.2%
DER(5)-0.53%
Volume309.41K
Volume Incr-54.31%
Vol(5)742.92K
Vol(50)1.32M