(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 1074240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 49.59 | 49.91 | 50.54 | 49.47 | 0.854 times |
| 24 Fri Jan 2025 | 49.91 | 50.66 | 51.04 | 49.58 | 0.772 times |
| 23 Thu Jan 2025 | 50.33 | 50.07 | 51.10 | 49.87 | 0.65 times |
| 22 Wed Jan 2025 | 50.27 | 51.68 | 51.68 | 50.11 | 1.1 times |
| 21 Tue Jan 2025 | 51.68 | 51.78 | 52.39 | 51.10 | 1.14 times |
| 17 Fri Jan 2025 | 50.60 | 51.48 | 51.56 | 50.25 | 0.688 times |
| 17 Fri Jan 2025 | 50.60 | 51.48 | 51.56 | 50.25 | 0.688 times |
| 16 Thu Jan 2025 | 50.88 | 51.25 | 51.43 | 50.34 | 0.814 times |
| 15 Wed Jan 2025 | 51.61 | 50.48 | 52.00 | 50.05 | 1.343 times |
| 14 Tue Jan 2025 | 49.09 | 48.95 | 49.42 | 48.41 | 1.106 times |
My analysis of stock is bullish for shortterm, and stock might move up till 50.8 or till 52.4. Use a stoploss of 49.56 and if this stock hits its stoploss, then it can fall down till 48.29
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 | 49.19 |
| Downside Intraday Target | 48.8 |
| Upside Intraday Target | 50.26 |
| Upside Intraday Target | 50.94 |
| Upside Intraday Target | 49.87 |
Weekly technical analysis of Commercial Metals (CMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 49.59 | 49.91 | 50.54 | 49.47 | 0.233 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 down 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 |
| 27 Mon Jan 2025 | 49.59 | 49.96 | 52.39 | 45.50 | 1.291 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 down 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Commercial Metals in short term and SELL 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 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 50.51 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Commercial Metals in short term and SELL 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 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 50.51 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.