(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 2024-02-09 View latest technical analysis
10 day averaged volume of Cummins Inc is 877970
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 251.78 | 249.58 | 251.92 | 248.73 | 0.659 times |
| 08 Thu Feb 2024 | 249.92 | 248.00 | 251.39 | 247.53 | 0.732 times |
| 07 Wed Feb 2024 | 248.11 | 252.89 | 252.89 | 247.23 | 1.473 times |
| 06 Tue Feb 2024 | 251.54 | 242.24 | 251.57 | 236.00 | 2.423 times |
| 05 Mon Feb 2024 | 241.11 | 243.51 | 244.21 | 239.99 | 1.342 times |
| 02 Fri Feb 2024 | 244.65 | 241.38 | 246.01 | 240.13 | 0.732 times |
| 01 Thu Feb 2024 | 242.97 | 240.15 | 243.09 | 237.96 | 0.603 times |
| 31 Wed Jan 2024 | 239.30 | 242.77 | 242.90 | 238.85 | 0.699 times |
| 30 Tue Jan 2024 | 242.80 | 240.01 | 243.08 | 239.01 | 0.676 times |
| 29 Mon Jan 2024 | 240.86 | 240.19 | 241.19 | 238.38 | 0.582 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 254.1, for a target of 246.6 or 240.29
Share price targets for Cummins Inc (CMI)
| Target Type | Value |
| Downside Target | 212.80 |
| Downside Target | 223.51 |
| Downside Target | 236.00 |
| Downside Target | 237.96 |
| Downside Target | 240.00 |
| Downside Target | 242.93 |
| Downside Target | 243.08 |
| Downside Target | 246.01 |
| Downside Target | 248.41 |
| Upside Target | 252.89 |
Intraday share price targets for Cummins Inc (CMI)
| Target Type | Value |
| Downside Intraday Target | 240.89 |
| Downside Intraday Target | 230 |
| Upside Intraday Target | 257.78 |
| Upside Intraday Target | 263.78 |
| Downside Intraday Target | 246.89 |
Weekly technical analysis of Cummins Inc (CMI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 251.78 | 243.51 | 252.89 | 236.00 | 2.014 times |
| 02 Fri Feb 2024 | 244.65 | 240.19 | 246.01 | 237.96 | 0.701 times |
| 26 Fri Jan 2024 | 240.63 | 229.50 | 242.93 | 229.50 | 0.821 times |
| 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 |
Price has moved up 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 |
| 09 Fri Feb 2024 | 251.78 | 240.15 | 252.89 | 236.00 | 0.411 times |
| 31 Wed Jan 2024 | 239.30 | 239.31 | 243.08 | 226.53 | 1.064 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 |
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 Cummins Inc (CMI)
Price action analysis of Cummins Inc ( (CMI) ) based on a short 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.
Price action analysis of Cummins Inc ( (CMI) ) based on a short 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.
Price action analysis of Cummins Inc ( (CMI) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Cummins Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Cummins Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cummins Inc in short term and BUY signal is strong.
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 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 246.4 and Cummins Inc (CMI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Cummins Inc ( (CMI) ) based on a short 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.
Price action analysis of Cummins Inc ( (CMI) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Cummins Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Cummins Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cummins Inc in short term and BUY signal is strong.
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 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 246.4 and Cummins Inc (CMI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.