(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 2024-01-19 View latest technical analysis
10 day averaged volume of Cummins Inc is 659540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 229.21 | 230.76 | 231.02 | 226.53 | 3.739 times |
| 18 Thu Jan 2024 | 233.19 | 232.78 | 234.16 | 230.15 | 1.473 times |
| 17 Wed Jan 2024 | 233.08 | 232.50 | 233.86 | 230.18 | 1.333 times |
| 16 Tue Jan 2024 | 234.77 | 235.69 | 236.12 | 233.35 | 1.071 times |
| 12 Fri Jan 2024 | 237.15 | 239.98 | 240.00 | 236.17 | 0.79 times |
| 12 Fri Jan 2024 | 237.15 | 239.98 | 240.00 | 236.17 | 0.79 times |
| 11 Thu Jan 2024 | 237.56 | 239.70 | 240.77 | 235.17 | 1.083 times |
| 10 Wed Jan 2024 | 239.22 | 239.67 | 240.30 | 238.31 | 0.764 times |
| 09 Tue Jan 2024 | 239.41 | 239.45 | 239.81 | 236.28 | 0.913 times |
| 08 Mon Jan 2024 | 241.17 | 239.03 | 241.40 | 236.21 | 0.853 times |
Stock of Cummins Inc (CMI) has showed a significant fall. This could be a good time to exit from this stock.
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 231, for a target of 234.5 or 237.54
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 | 225.12 |
| Downside Intraday Target | 221.03 |
| Upside Intraday Target | 234.71 |
| Upside Intraday Target | 240.21 |
| Upside Intraday Target | 230.62 |
Weekly technical analysis of Cummins Inc (CMI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 229.21 | 235.69 | 236.12 | 226.53 | 9.646 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 |
| 19 Fri Jan 2024 | 229.21 | 239.31 | 242.18 | 226.53 | 0.699 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 gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cummins Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Cummins Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 234.34 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 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 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 gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cummins Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Cummins Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 234.34 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.