CUMMINS INC (CMI)

US2310211063 - Common Stock

368.86  +7.91 (+2.19%)

After market: 368.86 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CMI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CMI is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
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. On top of that, CMI also shows a nice and consistent pattern of rising prices.
CMI is one of the better performing stocks in the Machinery industry, it outperforms 82% of 131 stocks in the same industry.
CMI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CMI has a been trading in the 324.74 - 370.64 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
CMI Weekly chart
CMI Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, CMI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

260.94

372.56

3 important support areas can be observed.

  • A support zone ranging from 325.61 to 328.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @313.49 from a trend line in the daily time frame.
  • Support @263.58 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 368.87 to 368.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.85
Mansfield1.53
10 Day High370.64
10 Day Low351.61
20 Day High370.64
20 Day Low324.74
52 Week High370.64
52 Week Low222.04
Performance
1 Week1.41%
2 Weeks3.99%
1 Month10.94%
3 Month19.25%
6 Month29.47%
12 Month63.58%
2 Year46.86%
3 Year75.86%
5 Year101.72%
10 Year153.3%
15 Year721.51%
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)0.72
RSI(14)70.45
LBB337.88
UBB377.61
CMI Daily chart

CUMMINS INC

NYSE:CMI (11/21/2024, 8:20:08 PM)

After market: 368.86 0 (0%)

368.86

+7.91 (+2.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.19%
1 Week1.41%
2 Weeks3.99%
1 Month10.94%
3 Month19.25%
6 Month29.47%
12 Month63.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)8.83
ATR(20)%2.1%
ATR Inc
Range Today10.6
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High370.64
10 Day Low351.61
20 Day High370.64
20 Day Low324.74
52 Week High370.64
52 Week Low222.04
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume514.00K
Volume Incr-28.74%
Vol(5)486.80K
Vol(50)633.05K