CUMMINS INC (CMI)
US2310211063 - Common Stock
Taking everything into account, CMI scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CMI has a been trading in the 346.27 - 387.90 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CMI is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by CMI over the past year are nicely spread over this period.
CMI is part of the Machinery industry. There are 132 other stocks in this industry. CMI outperforms 83% of them.
CMI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CMI is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Volume is considerably higher in the last couple of days.
Although CMI has an excellent technical rating, it does not offer a high quality setup 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
260.94
387.26
When analyzing the support we can see 2 important areas.
- Support @337.91 from a trend line in the daily time frame.
- Support @263.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 349.51 to 354.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 379.61 to 383.43. 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
CRS89.58
Mansfield0.86
10 Day High387.9
10 Day Low346.27
20 Day High387.9
20 Day Low346.27
52 Week High387.9
52 Week Low226.53
Performance
1 Week-4.39%
2 Weeks-7.43%
1 Month-4.74%
3 Month14%
6 Month26.88%
12 Month48.27%
2 Year45.02%
3 Year61.08%
5 Year96.35%
10 Year143.73%
15 Year666.2%
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)-4.42
RSI(14)37.49
LBB346.6
UBB390.77
CUMMINS INC
NYSE:CMI (12/23/2024, 11:21:09 AM)
348.11
-3.27 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.93%
1 Week-4.39%
2 Weeks-7.43%
1 Month-4.74%
3 Month14%
6 Month26.88%
12 Month48.27%
2 Year45.02%
3 Year61.08%
5 Year96.35%
10 Year143.73%
15 Year666.2%
Volatility
ATR(14)7.4
ATR(20)%2.02%
ATR Inc32.38%
Range Today3.05
ADR(20)6.62
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.58
Mansfield0.86
10 Day High387.9
10 Day Low346.27
20 Day High387.9
20 Day Low346.27
52 Week High387.9
52 Week Low226.53
CS1 End351.37
CR1 Start351.71
Volume & EV
DER(3)-1.33%
DER(5)-0.65%
Volume64.19K
Volume Incr56.93%
Vol(5)955.80K
Vol(50)664.29K