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(CMI) Cummins Inc complete technical analysis [charts+indicators] | Buy/Sell Cummins Inc | (CMI) share price targets

Complete technical analysis of Cummins Inc (CMI) by charts plus indicators, forecast predictions and share price targets for Cummins Inc (CMI)

Cummins Inc trades in USA in Energy sector.

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Cummins Inc is 2387800

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	300.67	296.07	301.50	294.82	0.42 times
04 Thu Apr 2024	294.75	297.00	300.99	294.51	0.526 times
03 Wed Apr 2024	294.67	294.50	294.81	290.57	0.563 times
02 Tue Apr 2024	295.87	293.02	296.92	292.46	0.432 times
01 Mon Apr 2024	294.53	294.29	295.10	292.35	0.253 times
28 Thu Mar 2024	294.65	295.00	296.67	292.90	0.464 times
27 Wed Mar 2024	294.69	293.25	295.23	292.06	0.371 times
26 Tue Mar 2024	291.82	287.94	292.08	287.35	0.42 times
25 Mon Mar 2024	287.76	290.68	291.37	287.35	0.651 times
22 Fri Mar 2024	290.34	291.01	293.63	290.20	2.191 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 296.3, but if it comes below 296.3, then a intra day sell could be more profitable.
If you take a sell trade below 296.3, then use 296.3 as stoploss and 285.13 as target. However if you take a buy trade in stock , then use 296.3 as stoploss and 309.6 as target.

Share price targets for Cummins Inc (CMI)

Target Type	Value
Downside Target	223.51
Downside Target	236.00
Downside Target	243.08
Downside Target	248.41
Downside Target	260.88
Downside Target	273.23
Downside Target	287.35
Downside Target	290.57
Downside Target	296.67
Downside Target	297.11
Upside Target	301.50

Intraday share price targets for Cummins Inc (CMI)

Target Type	Value
Downside Intraday Target	293.66
Downside Intraday Target	286.65
Upside Intraday Target	304.59
Upside Intraday Target	308.51
Downside Intraday Target	297.58

Weekly technical analysis of Cummins Inc (CMI)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	300.67	294.29	301.50	290.57	1.151 times
28 Thu Mar 2024	294.65	290.68	296.67	287.35	0.103 times
22 Fri Mar 2024	290.34	276.73	297.11	275.00	0.857 times
15 Fri Mar 2024	274.84	270.61	274.84	260.88	1.305 times
08 Fri Mar 2024	268.60	270.88	276.92	264.61	2.747 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 Cummins Inc (CMI)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	300.67	294.29	301.50	290.57	0.037 times
28 Thu Mar 2024	294.65	271.00	297.11	260.88	3.462 times
29 Thu Feb 2024	268.61	240.15	273.23	236.00	2.405 times
31 Wed Jan 2024	239.30	239.31	243.08	226.53	1.064 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 Cummins Inc (CMI)

Price action analysis of Cummins Inc ( (CMI) ) 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 Cummins Inc ( (CMI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Cummins Inc ( (CMI) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Cummins Inc ( (CMI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Cummins Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Cummins Inc in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Cummins Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Cummins Inc in short term and BUY signal is strong.

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 Cummins Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 292.74 and Cummins Inc (CMI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Cummins Inc (CMI) stock. Volume based technical analysis of Cummins Inc (CMI) stock is negative.

Cummins Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.