CORE & MAIN INC-CLASS A (CNM)
US21874C1027 - Common Stock
We assign a technical rating of 2 out of 10 to CNM. CNM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
CNM is one of the lesser performing stocks in the Trading Companies & Distributors industry. 62% of 51 stocks in the same industry do better.
CNM has an average volume of 2436110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CNM outperforms 50% of them, which is more or less in line with the market.
CNM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNM is lagging the market.
In the last month CNM has a been trading in the 41.64 - 48.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CNM does present a nice setup opportunity. 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 45.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.38, a Stop Loss order could be placed below this zone.
More info and screens
37.61
47.66
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.30 to 42.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @40.51 from a trend line in the weekly time frame.
- A support zone ranging from 37.99 to 38.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 45.77 to 47.19. 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
CRS50.52
Mansfield-1.74
10 Day High45.79
10 Day Low41.64
20 Day High48.06
20 Day Low41.64
52 Week High62.15
52 Week Low34.02
Performance
1 Week6.35%
2 Weeks-3.07%
1 Month-2.26%
3 Month-15.7%
6 Month-25.9%
12 Month27.53%
2 Year114.28%
3 Year67.37%
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)0.1
RSI(14)51.87
LBB41
UBB46.87
CORE & MAIN INC-CLASS A
NYSE:CNM (11/22/2024, 10:33:37 AM)
45.49
+0.92 (+2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg2.06%
1 Week6.35%
2 Weeks-3.07%
1 Month-2.26%
3 Month-15.7%
6 Month-25.9%
12 Month27.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.71
ATR(20)%3.57%
ATR Inc
Range Today0.98
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 High45.79
10 Day Low41.64
20 Day High48.06
20 Day Low41.64
52 Week High62.15
52 Week Low34.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume247.05K
Volume Incr27.51%
Vol(5)2.62M
Vol(50)2.44M