Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Commercial Metals Company (NYSE:CMC)

Strong Uptrend (+100) - CMC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CMC continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

NYSE_CMC
Open High Low CMC Price Change
58.03 58.97 57.79 58.78 +0.68
Entry Signal

MarketClub’s Trade Triangles for CMC

long term up The long-term trend has been UP since Jan 8th, 2024 at 51.56

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 55.20

short term up The short-term trend has been UP since Mar 15th, 2024 at 53.49

Smart Scan Analysis for CMC

Based on our trend formula, CMC is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for CMC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.03 58.97 57.79 58.78 +0.68
Prev. Close Volume Bid Ask Time
58.10 836105 2024-03-28 16:00:00
Year High26.72Year High Date2018-02-20
Year Low17.26Year Low Date2018-10-24
52wk High59.8152wk High Date2024-03-21
52wk Low39.8552wk Low Date2023-10-23
Year End Close14.86Average Volume1,090,189
Shares Outstanding115,708Short Interest1,469,381
% Institutional80.5Market Cap2,183M
Assets666,226,500MLiabilities243,981,800M
P/E Ratio8.9113Beta1.58
Volatility47.75
Get a free daily analysis and signals for Commercial Metals Company (CMC) - Request Your Free Report.