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Stock Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Commercial Metals Company (NYSE:CMC)

Sidelines Mode (+55) - CMC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
55.1500 55.8950 54.5513 55.2200 -0.0600
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 down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 55.01

short term up The short-term trend has been UP since Apr 17th, 2024 at 56.75

Smart Scan Analysis for CMC

Based on our trend formula, CMC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CMC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.1500 55.8950 54.5513 55.2200 -0.0600
Prev. Close Volume Bid Ask Time
55.2100 388724 2024-04-19 15:59:32
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 Volume945,312
Shares Outstanding115,708Short Interest1,469,381
% Institutional80.5Market Cap2,183M
Assets666,226,500MLiabilities243,981,800M
P/E Ratio9.5972Beta1.58
Volatility47.75
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