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Stock Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

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.

Open High Low CMC Price Change
45.260 44.960 43.905 44.850 -0.740
Entry Signal

MarketClub’s Trade Triangles for CMC

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 46.49

intermediate term down The intermediate-term trend has been DOWN since Apr 26th, 2023 at 45.72

short term up The short-term trend has been UP since Jun 2nd, 2023 at 44.71

Smart Scan Analysis for CMC

Based on our trend formula, CMC is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CMC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.260 44.960 43.905 44.850 -0.740
Prev. Close Volume Bid Ask Time
45.590 205439 2023-06-05 11:41:46
Year High26.72Year High Date2018-02-20
Year Low17.26Year Low Date2018-10-24
52wk High58.0952wk High Date2023-02-03
52wk Low31.469852wk Low Date2022-07-05
Year End Close14.86Average Volume610,346
Shares Outstanding117,117Short Interest1,469,381
% Institutional80.5Market Cap2,183M
P/E Ratio5.2705Beta1.58
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