(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 2024-05-23 View latest technical analysis
10 day averaged volume of Cummins Inc is 821424
Date | Daily Closing Price | Open | High | Low | Volume |
23 Thu May 2024 | 283.90 | 286.11 | 286.53 | 281.51 | 1.482 times |
22 Wed May 2024 | 287.01 | 285.70 | 288.90 | 285.45 | 0.803 times |
21 Tue May 2024 | 285.96 | 284.67 | 286.61 | 283.46 | 0.99 times |
20 Mon May 2024 | 284.84 | 286.41 | 286.96 | 284.42 | 0.778 times |
17 Fri May 2024 | 285.56 | 288.59 | 288.80 | 282.72 | 1.278 times |
16 Thu May 2024 | 287.85 | 290.77 | 293.90 | 286.40 | 1.299 times |
15 Wed May 2024 | 292.14 | 296.81 | 296.87 | 291.69 | 0.928 times |
14 Tue May 2024 | 295.18 | 293.28 | 295.98 | 293.18 | 1.014 times |
13 Mon May 2024 | 291.45 | 298.81 | 300.22 | 291.18 | 1.134 times |
10 Fri May 2024 | 298.61 | 296.43 | 298.81 | 295.00 | 0.92 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 283 as stoploss in an intra day buy trade for a target of 287.94. However, stock will show a bearish move below 283.
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 | 281.51 |
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 | 280.64 |
Downside Intraday Target | 277.38 |
Upside Intraday Target | 288.03 |
Upside Intraday Target | 292.16 |
Upside Intraday Target | 284.77 |
Weekly technical analysis of Cummins Inc (CMI)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Thu May 2024 | 283.90 | 286.41 | 288.90 | 281.51 | 0.717 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 down 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 |
23 Thu May 2024 | 283.90 | 282.89 | 300.22 | 273.92 | 0.753 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 288.95 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 288.95 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.