Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Cummins Inc. (NYSE:CMI)
Long-Term Uptrend (+90) - CMI is in a strong uptrend that is likely to continue. While CMI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CMI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CMI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CMI
The long-term trend has been UP since Dec 13th, 2023 at 239.39
The intermediate-term trend has been UP since Jun 24th, 2024 at 283.88
The short-term trend has been UP since Jul 26th, 2024 at 289.42
Smart Scan Analysis for CMI
Based on our trend formula, CMI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 285.870 | 293.085 | 285.170 | 290.430 | +7.260 |
| Prev. Close | Volume | Bid | Ask | Time |
| 283.170 | 430135 | 2024-07-26 15:59:50 |
| Year High | 194.18 | Year High Date | 2018-01-29 |
| Year Low | 124.72 | Year Low Date | 2018-10-30 |
| 52wk High | 304.245 | 52wk High Date | 2024-04-11 |
| 52wk Low | 212.8 | 52wk Low Date | 2023-11-02 |
| Year End Close | 108.35 | Average Volume | 848,549 |
| Shares Outstanding | 136,780 | Short Interest | 4,516,748 |
| % Institutional | 88 | Market Cap | 26,114M |
| Assets | 318,270,000M | Liabilities | 227,600,000M |
| P/E Ratio | 20.7755 | Beta | 1.8 |
| Volatility | 30.62 |