Mobile app version of munafamantra.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-19 View latest technical analysis

10 day averaged volume of Commercial Metals is 1024740

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 59.44 58.97 59.58 58.71 0.83 times
18 Mon Nov 2024 59.64 59.72 60.51 59.45 0.593 times
15 Fri Nov 2024 59.35 59.64 60.03 58.85 0.753 times
14 Thu Nov 2024 59.43 60.74 61.10 59.05 0.815 times
13 Wed Nov 2024 60.63 61.42 61.82 60.52 0.71 times
12 Tue Nov 2024 61.41 62.42 62.48 60.94 0.853 times
11 Mon Nov 2024 62.65 62.74 63.41 61.95 1.108 times
08 Fri Nov 2024 62.24 60.58 62.36 60.35 1.205 times
07 Thu Nov 2024 61.05 62.65 62.71 60.49 1.211 times
06 Wed Nov 2024 62.81 58.97 62.94 58.16 1.994 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 61.1 as stoploss in an intra day sell trade for a target of 57.23. However, stock will show a bullish move above 61.1.

Share price targets for Commercial Metals (CMC)

Target Type Value
Downside Target 47.42
Downside Target 51.00
Downside Target 53.55
Downside Target 55.66
Downside Target 58.71
Downside Target 58.85
Upside Target 60.51
Upside Target 60.78
Upside Target 61.26
Upside Target 62.94
Upside Target 63.41

Intraday share price targets for Commercial Metals (CMC)

Target Type Value
Downside Intraday Target 58.6
Downside Intraday Target 57.75
Upside Intraday Target 60.4
Upside Intraday Target 61.35
Upside Intraday Target 59.55

Weekly technical analysis of Commercial Metals (CMC)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 59.44 59.72 60.51 58.71 0.336 times
15 Fri Nov 2024 59.35 62.74 63.41 58.85 0.732 times
08 Fri Nov 2024 62.24 54.14 62.94 53.55 1.362 times
01 Fri Nov 2024 54.43 52.43 55.66 52.32 0.958 times
25 Fri Oct 2024 51.97 56.20 56.20 51.14 0.826 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
19 Tue Nov 2024 59.44 54.02 63.41 53.55 0.625 times
31 Thu Oct 2024 53.80 54.76 57.14 51.00 1.249 times
30 Mon Sep 2024 54.96 52.87 56.23 47.42 1.063 times
30 Fri Aug 2024 53.59 60.07 60.78 51.84 0.91 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 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 Commercial Metals ( (CMC) ) 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 Commercial Metals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Commercial Metals in short term but the sell signal is initial and weak.

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 green color and prices are above the green 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 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 61.24 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 positive

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 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 Commercial Metals ( (CMC) ) 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 Commercial Metals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Commercial Metals in short term but the sell signal is initial and weak.

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 green color and prices are above the green 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 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 61.24 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 positive

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

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme