(CMC) Commercial Metals complete technical analysis [charts+indicators] | Buy/Sell Commercial Metals | (CMC) share price targets
Complete technical analysis of Commercial Metals (CMC) by charts plus indicators, forecast predictions and share price targets for Commercial Metals (CMC)
Commercial Metals trades in USA in Basic Industries sector.
10 day averaged volume of Commercial Metals is 846400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Feb 2025 | 48.67 | 48.09 | 48.68 | 47.43 | 0.991 times |
| 04 Tue Feb 2025 | 47.94 | 47.57 | 48.37 | 47.37 | 0.784 times |
| 03 Mon Feb 2025 | 47.64 | 48.01 | 49.01 | 47.50 | 1.117 times |
| 31 Fri Jan 2025 | 48.49 | 49.06 | 49.38 | 48.42 | 1.269 times |
| 30 Thu Jan 2025 | 48.99 | 50.30 | 50.30 | 48.48 | 0.851 times |
| 29 Wed Jan 2025 | 49.91 | 50.16 | 50.55 | 49.37 | 0.836 times |
| 28 Tue Jan 2025 | 50.34 | 49.50 | 50.66 | 49.08 | 0.858 times |
| 27 Mon Jan 2025 | 49.59 | 49.91 | 50.54 | 49.47 | 1.084 times |
| 24 Fri Jan 2025 | 49.91 | 50.66 | 51.04 | 49.58 | 0.979 times |
| 23 Thu Jan 2025 | 50.33 | 50.07 | 51.10 | 49.87 | 0.825 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 48.1 as stoploss in an intra day buy trade for a target of 49.47. However, stock will show a bearish move below 48.1.
Share price targets for Commercial Metals (CMC)
| Target Type | Value |
| Downside Target | 45.50 |
| Downside Target | 46.53 |
| Downside Target | 48.42 |
| Upside Target | 51.56 |
| Upside Target | 52.00 |
| Upside Target | 52.39 |
| Upside Target | 53.55 |
| Upside Target | 57.14 |
| Upside Target | 63.41 |
| Upside Target | 64.14 |
Intraday share price targets for Commercial Metals (CMC)
| Target Type | Value |
| Downside Intraday Target | 47.69 |
| Downside Intraday Target | 46.71 |
| Upside Intraday Target | 49.33 |
| Upside Intraday Target | 49.99 |
| Downside Intraday Target | 48.35 |
Weekly technical analysis of Commercial Metals (CMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Feb 2025 | 48.67 | 48.01 | 49.01 | 47.37 | 0.59 times |
| 31 Fri Jan 2025 | 48.49 | 49.91 | 50.66 | 48.42 | 1.054 times |
| 24 Fri Jan 2025 | 49.91 | 51.78 | 52.39 | 49.58 | 5.322 times |
| 17 Fri Jan 2025 | 50.60 | 51.48 | 51.56 | 50.25 | 0.122 times |
| 17 Fri Jan 2025 | 50.60 | 46.53 | 52.00 | 46.53 | 1.966 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Commercial Metals (CMC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Wed Feb 2025 | 48.67 | 48.01 | 49.01 | 47.37 | 0.098 times |
| 31 Fri Jan 2025 | 48.49 | 49.96 | 52.39 | 45.50 | 1.482 times |
| 31 Tue Dec 2024 | 49.60 | 63.66 | 64.14 | 48.43 | 1.026 times |
| 26 Tue Nov 2024 | 62.15 | 54.02 | 63.41 | 53.55 | 0.812 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Commercial Metals (CMC)
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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Commercial Metals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Commercial Metals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.13 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Commercial Metals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Commercial Metals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.13 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.