Logo image of CNM

CORE & MAIN INC-CLASS A (CNM) Stock Technical Analysis

NYSE:CNM - New York Stock Exchange, Inc. - US21874C1027 - Common Stock - Currency: USD

56.32  -0.54 (-0.95%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to CNM. Both in the recent history as in the last year, CNM has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
CNM is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry. CNM outperforms 85% of them.
CNM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CNM is lagging the market slightly.
In the last month CNM has a been trading in the 49.60 - 57.50 range, which is quite wide. It is currently trading near the high of this range.
CNM has an average volume of 2494100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CNM is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CORE & MAIN INC-CLASS A / CNM Weekly stock chart
CORE & MAIN INC-CLASS A / CNM Daily stock chart
Setup Rating and Analysis

3

Although CNM 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.

Support and Resistance Analysis

41.96

60.76

5 important support areas can be observed.

  • A support zone ranging from 52.43 to 52.76. 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 50.12 to 50.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 46.97 to 47.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @45.43 from a trend line in the daily time frame.
  • A support zone ranging from 42.38 to 42.52. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • Resistance @60.16 from a horizontal line in the weekly time frame.
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
CRS87.62
Mansfield0.18
10 Day High57.5
10 Day Low50
20 Day High57.5
20 Day Low49.6
52 Week High62.15
52 Week Low37.22
Performance
1 Week5%
2 Weeks11.8%
1 Month12.5%
3 Month25.8%
6 Month6.22%
12 Month40.22%
2 Year157.64%
3 Year136.42%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.48
RSI(14)71.48
LBB48.75
UBB58.14
CORE & MAIN INC-CLASS A / CNM Daily stock chart

CORE & MAIN INC-CLASS A

NYSE:CNM (1/24/2025, 3:29:02 PM)

56.32

-0.54 (-0.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.95%
1 Week5%
2 Weeks11.8%
1 Month12.5%
3 Month25.8%
6 Month6.22%
12 Month40.22%
2 Year157.64%
3 Year136.42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.51
ATR(20)%2.38%
ATR Inc-35.02%
Range Today1.07
ADR(20)1.28
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.62
Mansfield0.18
10 Day High57.5
10 Day Low50
20 Day High57.5
20 Day Low49.6
52 Week High62.15
52 Week Low37.22
CS1 End52.76
CR1 Start60.16
Volume & EV
DER(3)0.04%
DER(5)0.59%
Volume1.06M
Volume Incr-24.14%
Vol(5)1.54M
Vol(50)2.49M