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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Commercial Metals Company (NYSE:CMC)
Weak Downtrend (-65) - CMC is showing signs of a strengthening downtrend. Monitor CMC as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for CMC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CMC
The long-term trend has been UP since Jan 8th, 2024 at 51.5600
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 55.0100
The short-term trend has been DOWN since Apr 23rd, 2024 at 54.5513
Smart Scan Analysis for CMC
Based on our trend formula, CMC is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 53.160 | 53.565 | 52.595 | 52.755 | -0.945 |
| Prev. Close | Volume | Bid | Ask | Time |
| 53.700 | 56409 | 2024-04-25 10:45:27 |
| Year High | 26.72 | Year High Date | 2018-02-20 |
| Year Low | 17.26 | Year Low Date | 2018-10-24 |
| 52wk High | 59.81 | 52wk High Date | 2024-03-21 |
| 52wk Low | 39.85 | 52wk Low Date | 2023-10-23 |
| Year End Close | 14.86 | Average Volume | 755,467 |
| Shares Outstanding | 115,708 | Short Interest | 1,469,381 |
| % Institutional | 80.5 | Market Cap | 2,183M |
| Assets | 666,226,500M | Liabilities | 243,981,800M |
| P/E Ratio | 9.3229 | Beta | 1.58 |
| Volatility | 47.75 |
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