(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 2025-01-14 View latest technical analysis
10 day averaged volume of Commercial Metals is 1332963
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue Jan 2025 | 49.09 | 48.95 | 49.42 | 48.41 | 0.891 times |
| 13 Mon Jan 2025 | 48.47 | 46.53 | 48.67 | 46.53 | 1.369 times |
| 10 Fri Jan 2025 | 46.89 | 46.83 | 48.06 | 45.50 | 1.251 times |
| 08 Wed Jan 2025 | 47.57 | 48.66 | 48.66 | 47.41 | 1.065 times |
| 08 Wed Jan 2025 | 47.57 | 48.66 | 48.66 | 47.41 | 1.065 times |
| 07 Tue Jan 2025 | 48.89 | 49.89 | 50.83 | 48.50 | 1.34 times |
| 06 Mon Jan 2025 | 50.41 | 49.56 | 51.74 | 49.40 | 1.323 times |
| 03 Fri Jan 2025 | 48.89 | 48.79 | 49.47 | 48.08 | 0.986 times |
| 02 Thu Jan 2025 | 49.15 | 49.96 | 50.24 | 48.90 | 0.622 times |
| 31 Tue Dec 2024 | 49.60 | 49.41 | 50.23 | 49.41 | 0.458 times |
My analysis of stock is bearish for shortterm, and stock might move down till 47.8 or till 45.3. Use a stoploss of 49.93 and if the stock hits stoploss, then it can shoot up till 52.04
Share price targets for Commercial Metals (CMC)
| Target Type | Value |
| Downside Target | 45.50 |
| Downside Target | 46.53 |
| Upside Target | 51.00 |
| Upside Target | 51.23 |
| Upside Target | 51.74 |
| 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 | 47.27 |
| Downside Intraday Target | 45.46 |
| Upside Intraday Target | 50.16 |
| Upside Intraday Target | 51.24 |
| Downside Intraday Target | 48.35 |
Weekly technical analysis of Commercial Metals (CMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue Jan 2025 | 49.09 | 46.53 | 49.42 | 46.53 | 0.976 times |
| 10 Fri Jan 2025 | 46.89 | 48.66 | 48.66 | 45.50 | 0.621 times |
| 08 Wed Jan 2025 | 47.57 | 49.56 | 51.74 | 47.41 | 1.441 times |
| 03 Fri Jan 2025 | 48.89 | 49.84 | 50.24 | 48.08 | 1.417 times |
| 27 Fri Dec 2024 | 50.11 | 49.98 | 51.23 | 49.45 | 0.296 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 |
| 14 Tue Jan 2025 | 49.09 | 49.96 | 51.74 | 45.50 | 0.781 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL. Signal strength is Strong 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Commercial Metals in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Commercial Metals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 48.58 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 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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL. Signal strength is Strong 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Commercial Metals in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Commercial Metals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 48.58 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 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 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.