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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.

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NYSE_CMC
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).

+65
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
Assets666,226,500MLiabilities243,981,800M
P/E Ratio9.691Beta1.58
Volatility47.75
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