(CMI) Cummins Inc complete technical analysis [charts+indicators] | Buy/Sell Cummins Inc | (CMI) share price targets
Complete technical analysis of Cummins Inc (CMI) by charts plus indicators, forecast predictions and share price targets for Cummins Inc (CMI)
Cummins Inc trades in USA in Energy sector.
Showing technical analysis as on 2024-01-18 View latest technical analysis
10 day averaged volume of Cummins Inc is 631750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 233.19 | 232.78 | 234.16 | 230.15 | 1.538 times |
| 17 Wed Jan 2024 | 233.08 | 232.50 | 233.86 | 230.18 | 1.392 times |
| 16 Tue Jan 2024 | 234.77 | 235.69 | 236.12 | 233.35 | 1.118 times |
| 12 Fri Jan 2024 | 237.15 | 239.98 | 240.00 | 236.17 | 0.824 times |
| 12 Fri Jan 2024 | 237.15 | 239.98 | 240.00 | 236.17 | 0.824 times |
| 11 Thu Jan 2024 | 237.56 | 239.70 | 240.77 | 235.17 | 1.131 times |
| 10 Wed Jan 2024 | 239.22 | 239.67 | 240.30 | 238.31 | 0.797 times |
| 09 Tue Jan 2024 | 239.41 | 239.45 | 239.81 | 236.28 | 0.953 times |
| 08 Mon Jan 2024 | 241.17 | 239.03 | 241.40 | 236.21 | 0.891 times |
| 05 Fri Jan 2024 | 238.16 | 235.17 | 239.50 | 234.95 | 0.97 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 232.5, for a target of 235.6 or 238.28
Share price targets for Cummins Inc (CMI)
| Target Type | Value |
| Downside Target | 212.80 |
| Downside Target | 223.51 |
| Upside Target | 236.17 |
| Upside Target | 238.65 |
| Upside Target | 239.39 |
| Upside Target | 240.00 |
| Upside Target | 241.05 |
| Upside Target | 241.40 |
| Upside Target | 242.18 |
| Upside Target | 248.41 |
Intraday share price targets for Cummins Inc (CMI)
| Target Type | Value |
| Downside Intraday Target | 230.19 |
| Downside Intraday Target | 227.18 |
| Upside Intraday Target | 236.16 |
| Upside Intraday Target | 239.12 |
| Downside Intraday Target | 233.15 |
Weekly technical analysis of Cummins Inc (CMI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 233.19 | 235.69 | 236.12 | 230.15 | 4.911 times |
| 12 Fri Jan 2024 | 237.15 | 239.98 | 240.00 | 236.17 | 0.179 times |
| 12 Fri Jan 2024 | 237.15 | 239.03 | 241.40 | 235.17 | 1.073 times |
| 05 Fri Jan 2024 | 238.16 | 239.31 | 242.18 | 234.95 | 6.599 times |
| 29 Fri Dec 2023 | 239.57 | 240.40 | 241.05 | 238.65 | 0.204 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Cummins Inc (CMI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 233.19 | 239.31 | 242.18 | 230.15 | 0.544 times |
| 29 Fri Dec 2023 | 239.57 | 225.05 | 248.41 | 223.51 | 0.932 times |
| 30 Thu Nov 2023 | 224.16 | 217.16 | 227.53 | 212.80 | 1.182 times |
| 31 Tue Oct 2023 | 216.30 | 227.92 | 231.34 | 214.31 | 0.782 times |
Scroll below to view daily charts
Price has moved down 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 Cummins Inc (CMI)
Price action analysis of Cummins Inc ( (CMI) ) 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 Cummins Inc ( (CMI) ) 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 Cummins Inc ( (CMI) ) 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 Cummins Inc ( (CMI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Cummins Inc stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Cummins Inc in short term but the sell signal is initial and weak.
Cummins Inc 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cummins Inc 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 positive zone. This is a BUY zone
Stock of Cummins Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 236.61 and Cummins Inc (CMI) 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 Cummins Inc (CMI) stock. Volume based technical analysis of Cummins Inc (CMI) stock is negative.
Cummins Inc 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.
Price action analysis of Cummins Inc ( (CMI) ) 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 Cummins Inc ( (CMI) ) 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 Cummins Inc ( (CMI) ) 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 Cummins Inc ( (CMI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Cummins Inc stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Cummins Inc in short term but the sell signal is initial and weak.
Cummins Inc 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cummins Inc 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 positive zone. This is a BUY zone
Stock of Cummins Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 236.61 and Cummins Inc (CMI) 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 Cummins Inc (CMI) stock. Volume based technical analysis of Cummins Inc (CMI) stock is negative.
Cummins Inc 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.