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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CMC is a bad performer in the overall market: 79% of all stocks are doing better.
CMC is part of the Metals & Mining industry. There are 150 other stocks in this industry, of which 68% are performing better than CMC.
CMC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CMC is lagging the market.
In the last month CMC has a been trading in the 47.37 - 53.42 range, which is quite wide. It is currently trading near the lows of this range.
CMC has an average volume of 1113630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CMC has a poor technical rating and the quality of the setup is also not perfect 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
46.41
53.59
We found 1 important support area.
- A support zone ranging from 46.88 to 46.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @47.61 from a trend line in the weekly time frame.
- A resistance zone ranging from 50.00 to 51.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.51 to 53.06. This zone is formed by a combination of multiple trend lines 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
CRS21.18
Mansfield-1.63
10 Day High53.42
10 Day Low47.79
20 Day High53.42
20 Day Low47.37
52 Week High64.53
52 Week Low45.5
Performance
1 Week-2.69%
2 Weeks-5.91%
1 Month-1.12%
3 Month-21.48%
6 Month-9.61%
12 Month-9.63%
2 Year-6.4%
3 Year25.66%
5 Year165.28%
10 Year221.86%
15 Year195.37%
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)-0.15
RSI(14)40.38
LBB48.06
UBB53
NYSE:CMC (3/3/2025, 3:07:59 PM)
46.91
-1.53 (-3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.16%
1 Week-2.69%
2 Weeks-5.91%
1 Month-1.12%
3 Month-21.48%
6 Month-9.61%
12 Month-9.63%
2 Year-6.4%
3 Year25.66%
5 Year165.28%
10 Year221.86%
15 Year195.37%
Volatility
ATR(14)1.71
ATR(20)%3.32%
ATR Inc-17.12%
Range Today3.44
ADR(20)1.52
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.18
Mansfield-1.63
10 Day High53.42
10 Day Low47.79
20 Day High53.42
20 Day Low47.37
52 Week High64.53
52 Week Low45.5
CS1 End47.61
CR1 Start50
Volume & EV
DER(3)0.33%
DER(5)-1.94%
Volume773.36K
Volume Incr-0.56%
Vol(5)995.90K
Vol(50)1.11M