(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.
10 day averaged volume of Commercial Metals is 983500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 50.34 | 49.50 | 50.66 | 49.08 | 0.738 times |
| 27 Mon Jan 2025 | 49.59 | 49.91 | 50.54 | 49.47 | 0.933 times |
| 24 Fri Jan 2025 | 49.91 | 50.66 | 51.04 | 49.58 | 0.843 times |
| 23 Thu Jan 2025 | 50.33 | 50.07 | 51.10 | 49.87 | 0.71 times |
| 22 Wed Jan 2025 | 50.27 | 51.68 | 51.68 | 50.11 | 1.202 times |
| 21 Tue Jan 2025 | 51.68 | 51.78 | 52.39 | 51.10 | 1.245 times |
| 17 Fri Jan 2025 | 50.60 | 51.48 | 51.56 | 50.25 | 0.752 times |
| 17 Fri Jan 2025 | 50.60 | 51.48 | 51.56 | 50.25 | 0.752 times |
| 16 Thu Jan 2025 | 50.88 | 51.25 | 51.43 | 50.34 | 0.889 times |
| 15 Wed Jan 2025 | 51.61 | 50.48 | 52.00 | 50.05 | 1.467 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 50.9 as stoploss in an intra day sell trade for a target of 49.62. However, stock will show a bullish move above 50.9.
Share price targets for Commercial Metals (CMC)
| Target Type | Value |
| Downside Target | 45.50 |
| Downside Target | 46.53 |
| Downside Target | 48.43 |
| Upside Target | 52.00 |
| Upside Target | 52.39 |
| Upside Target | 53.55 |
| Upside Target | 56.23 |
| 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 | 49.39 |
| Downside Intraday Target | 48.45 |
| Upside Intraday Target | 50.97 |
| Upside Intraday Target | 51.61 |
| Downside Intraday Target | 50.03 |
Weekly technical analysis of Commercial Metals (CMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 50.34 | 49.91 | 50.66 | 49.08 | 0.418 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 |
| 10 Fri Jan 2025 | 46.89 | 48.66 | 48.66 | 45.50 | 0.621 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 |
| 28 Tue Jan 2025 | 50.34 | 49.96 | 52.39 | 45.50 | 1.334 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 |
| 31 Thu Oct 2024 | 53.80 | 54.76 | 57.14 | 51.00 | 1.249 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is gaining 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. Bears 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 moving up
CCI has generated a buy signal for Commercial Metals in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 50.68 and Commercial Metals (CMC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is gaining 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. Bears 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 moving up
CCI has generated a buy signal for Commercial Metals in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 50.68 and Commercial Metals (CMC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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.