(CMC) Commercial Metals ForceIndex charts technical analysis
(CMC) Commercial Metals ForceIndex charts technical analysis ForceIndex analysis of Commercial Metals | Buy/Sell Commercial Metals
Commercial Metals trades in USA in Basic Industries sector.
10 day averaged volume of Commercial Metals is 694850
| Date | Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 53.48 | 53.91 | 54.37 | 53.44 | 0.531 Mn |
| 25 Thu Apr 2024 | 53.71 | 53.16 | 53.81 | 52.60 | 0.763 Mn |
| 24 Wed Apr 2024 | 53.70 | 54.64 | 55.00 | 53.43 | 0.688 Mn |
| 23 Tue Apr 2024 | 54.45 | 54.07 | 54.55 | 53.27 | 0.85 Mn |
| 22 Mon Apr 2024 | 55.10 | 55.13 | 55.69 | 54.59 | 0.494 Mn |
| 19 Fri Apr 2024 | 55.21 | 55.15 | 55.90 | 54.55 | 0.6 Mn |
| 18 Thu Apr 2024 | 55.28 | 56.11 | 56.25 | 54.96 | 0.72 Mn |
| 17 Wed Apr 2024 | 55.87 | 56.19 | 56.80 | 55.73 | 1.02 Mn |
| 16 Tue Apr 2024 | 55.23 | 55.07 | 55.47 | 54.31 | 0.507 Mn |
| 15 Mon Apr 2024 | 55.76 | 55.80 | 56.22 | 55.05 | 0.663 Mn |
Indicators analysis of Commercial Metals (CMC)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Commercial Metals ( (CMC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Commercial Metals ( (CMC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Commercial Metals ( (CMC) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Commercial Metals stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Commercial Metals in short term and the sell signal is strong.
Commercial Metals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Commercial Metals in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Commercial Metals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.81 and Commercial Metals (CMC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Commercial Metals (CMC) stock. Volume based technical analysis of Commercial Metals (CMC) stock is negative.
Commercial Metals Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.