Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

Commercial Metals Company (NYSE:CMC)

Weak Uptrend (+65) - CMC is showing signs of weakening momentum to the upside. Monitor CMC as it may be in the beginning stages of a reversal.

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
56.27 56.45 55.59 56.02 +0.20
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 May 9th, 2024 at 57.19

short term down The short-term trend has been DOWN since May 20th, 2024 at 57.42

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
56.27 56.45 55.59 56.02 +0.20
Prev. Close Volume Bid Ask Time
55.82 73572 2024-05-24 12:17:53
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 Volume669,061
Shares Outstanding115,708Short Interest1,469,381
% Institutional80.5Market Cap2,183M
P/E Ratio9.691Beta1.58
Get a free daily analysis and signals for Commercial Metals Company (CMC) - Request Your Free Report.