(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 2024-05-22 View latest technical analysis
10 day averaged volume of Cummins Inc is 831154
Date | Daily Closing Price | Open | High | Low | Volume |
22 Wed May 2024 | 287.01 | 285.70 | 288.90 | 285.45 | 0.793 times |
21 Tue May 2024 | 285.96 | 284.67 | 286.61 | 283.46 | 0.979 times |
20 Mon May 2024 | 284.84 | 286.41 | 286.96 | 284.42 | 0.769 times |
17 Fri May 2024 | 285.56 | 288.59 | 288.80 | 282.72 | 1.263 times |
16 Thu May 2024 | 287.85 | 290.77 | 293.90 | 286.40 | 1.284 times |
15 Wed May 2024 | 292.14 | 296.81 | 296.87 | 291.69 | 0.917 times |
14 Tue May 2024 | 295.18 | 293.28 | 295.98 | 293.18 | 1.002 times |
13 Mon May 2024 | 291.45 | 298.81 | 300.22 | 291.18 | 1.121 times |
10 Fri May 2024 | 298.61 | 296.43 | 298.81 | 295.00 | 0.909 times |
09 Thu May 2024 | 294.58 | 289.17 | 294.89 | 289.17 | 0.845 times |
My analysis of stock is bearish for shortterm, and stock might move down till 283.4 or till 277.4. Use a stoploss of 288.33 and if the stock hits stoploss, then it can shoot up till 293.29
Share price targets for Cummins Inc (CMI)
Target Type | Value |
Downside Target | 226.53 |
Downside Target | 236.00 |
Downside Target | 243.08 |
Downside Target | 260.88 |
Downside Target | 273.23 |
Downside Target | 282.45 |
Upside Target | 294.40 |
Upside Target | 295.44 |
Upside Target | 297.11 |
Upside Target | 298.81 |
Upside Target | 300.22 |
Upside Target | 304.25 |
Intraday share price targets for Cummins Inc (CMI)
Target Type | Value |
Downside Intraday Target | 284.01 |
Downside Intraday Target | 281.02 |
Upside Intraday Target | 289.45 |
Upside Intraday Target | 291.9 |
Downside Intraday Target | 286.46 |
Weekly technical analysis of Cummins Inc (CMI)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Wed May 2024 | 287.01 | 286.41 | 288.90 | 283.46 | 0.455 times |
17 Fri May 2024 | 285.56 | 298.81 | 300.22 | 282.72 | 1.275 times |
10 Fri May 2024 | 298.61 | 284.22 | 298.81 | 283.05 | 0.655 times |
03 Fri May 2024 | 280.74 | 292.36 | 294.40 | 273.92 | 1.458 times |
26 Fri Apr 2024 | 291.14 | 287.98 | 295.44 | 285.89 | 0.686 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 Cummins Inc (CMI)
Date | Monthly Closing Price | Open | High | Low | Volume |
22 Wed May 2024 | 287.01 | 282.89 | 300.22 | 273.92 | 0.694 times |
30 Tue Apr 2024 | 282.49 | 294.29 | 304.25 | 282.45 | 0.145 times |
28 Thu Mar 2024 | 294.65 | 271.00 | 297.11 | 260.88 | 3.462 times |
29 Thu Feb 2024 | 268.61 | 240.15 | 273.23 | 236.00 | 2.405 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Cummins Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 290.18 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Cummins Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 290.18 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.