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Stock Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
Commercial Metals Company (NYSE:CMC)
Long-Term Uptrend (+90) - CMC is in a strong uptrend that is likely to continue. While CMC 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 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.
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MarketClub’s Trade Triangles for CMC
The long-term trend has been UP since Nov 6th, 2024 at 60.775
The intermediate-term trend has been UP since Oct 17th, 2024 at 56.230
The short-term trend has been UP since Nov 21st, 2024 at 60.505
Smart Scan Analysis for CMC
Based on our trend formula, CMC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 62.79 | 63.75 | 62.27 | 63.35 | +1.66 |
| Prev. Close | Volume | Bid | Ask | Time |
| 61.69 | 589169 | 2024-12-02 15:59:59 |
| Year High | 26.72 | Year High Date | 2018-02-20 |
| Year Low | 17.26 | Year Low Date | 2018-10-24 |
| 52wk High | 63.405 | 52wk High Date | 2024-11-11 |
| 52wk Low | 44.93 | 52wk Low Date | 2023-12-05 |
| Year End Close | 14.86 | Average Volume | 835,315 |
| Shares Outstanding | 113,910 | Short Interest | 1,469,381 |
| % Institutional | 80.5 | Market Cap | 2,183M |
| Assets | 681,783,900M | Liabilities | 251,806,300M |
| P/E Ratio | 14.901 | Beta | 1.58 |
| Volatility | 47.75 |