(CMC) Commercial Metals complete technical analysis [charts+indicators] | Buy/Sell Commercial Metals | (CMC) share price targets
Complete technical analysis of Commercial Metals (CMC) by charts plus indicators, forecast predictions and share price targets for Commercial Metals (CMC)
Commercial Metals trades in USA in Basic Industries sector.
Showing technical analysis as on 2025-02-07 View latest technical analysis
10 day averaged volume of Commercial Metals is 908460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Feb 2025 | 49.63 | 50.37 | 50.62 | 49.31 | 1.439 times |
| 06 Thu Feb 2025 | 50.14 | 49.00 | 50.86 | 48.90 | 1.83 times |
| 05 Wed Feb 2025 | 48.67 | 48.09 | 48.68 | 47.43 | 0.923 times |
| 04 Tue Feb 2025 | 47.94 | 47.57 | 48.37 | 47.37 | 0.73 times |
| 03 Mon Feb 2025 | 47.64 | 48.01 | 49.01 | 47.50 | 1.041 times |
| 31 Fri Jan 2025 | 48.49 | 49.06 | 49.38 | 48.42 | 1.182 times |
| 30 Thu Jan 2025 | 48.99 | 50.30 | 50.30 | 48.48 | 0.793 times |
| 29 Wed Jan 2025 | 49.91 | 50.16 | 50.55 | 49.37 | 0.779 times |
| 28 Tue Jan 2025 | 50.34 | 49.50 | 50.66 | 49.08 | 0.799 times |
| 27 Mon Jan 2025 | 49.59 | 49.91 | 50.54 | 49.47 | 1.01 times |
My analysis of stock is bearish for shortterm, and stock might move down till 48.6 or till 47.3. Use a stoploss of 49.74 and if the stock hits stoploss, then it can shoot up till 50.84
Share price targets for Commercial Metals (CMC)
| Target Type | Value |
| Downside Target | 45.50 |
| Downside Target | 46.53 |
| Downside Target | 48.42 |
| Downside Target | 49.58 |
| Upside Target | 51.56 |
| Upside Target | 52.00 |
| Upside Target | 52.39 |
| Upside Target | 53.55 |
| Upside Target | 57.14 |
| Upside Target | 63.41 |
| Upside Target | 64.14 |
Intraday share price targets for Commercial Metals (CMC)
| Target Type | Value |
| Downside Intraday Target | 47.71 |
| Downside Intraday Target | 45.8 |
| Upside Intraday Target | 51.2 |
| Upside Intraday Target | 52.78 |
| Downside Intraday Target | 49.29 |
Weekly technical analysis of Commercial Metals (CMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Feb 2025 | 49.63 | 48.01 | 50.86 | 47.37 | 1.307 times |
| 31 Fri Jan 2025 | 48.49 | 49.91 | 50.66 | 48.42 | 1.054 times |
| 24 Fri Jan 2025 | 49.91 | 51.78 | 52.39 | 49.58 | 5.322 times |
| 17 Fri Jan 2025 | 50.60 | 51.48 | 51.56 | 50.25 | 0.122 times |
| 17 Fri Jan 2025 | 50.60 | 46.53 | 52.00 | 46.53 | 1.966 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Commercial Metals (CMC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Fri Feb 2025 | 49.63 | 48.01 | 50.86 | 47.37 | 0.216 times |
| 31 Fri Jan 2025 | 48.49 | 49.96 | 52.39 | 45.50 | 1.482 times |
| 31 Tue Dec 2024 | 49.60 | 63.66 | 64.14 | 48.43 | 1.026 times |
| 26 Tue Nov 2024 | 62.15 | 54.02 | 63.41 | 53.55 | 0.812 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Commercial Metals (CMC)
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Commercial Metals ( (CMC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Commercial Metals ( (CMC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Commercial Metals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Commercial Metals in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Commercial Metals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Commercial Metals in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Commercial Metals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.22 and Commercial Metals (CMC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Commercial Metals (CMC) stock. Volume based technical analysis of Commercial Metals (CMC) stock is negative.
Commercial Metals Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Commercial Metals ( (CMC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Commercial Metals ( (CMC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Commercial Metals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Commercial Metals in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Commercial Metals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Commercial Metals in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Commercial Metals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.22 and Commercial Metals (CMC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Commercial Metals (CMC) stock. Volume based technical analysis of Commercial Metals (CMC) stock is negative.
Commercial Metals Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.