(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 2024-06-05 View latest technical analysis
10 day averaged volume of Cummins Inc is 845960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 278.81 | 273.97 | 279.62 | 273.88 | 1.267 times |
| 04 Tue Jun 2024 | 273.11 | 274.10 | 276.01 | 271.56 | 0.859 times |
| 03 Mon Jun 2024 | 275.22 | 282.00 | 282.55 | 272.72 | 0.955 times |
| 31 Fri May 2024 | 281.73 | 278.52 | 281.76 | 274.61 | 1.812 times |
| 30 Thu May 2024 | 279.12 | 275.29 | 279.51 | 274.48 | 0.884 times |
| 29 Wed May 2024 | 274.34 | 275.76 | 276.53 | 273.66 | 0.816 times |
| 28 Tue May 2024 | 278.26 | 284.01 | 284.99 | 277.75 | 0.868 times |
| 24 Fri May 2024 | 284.91 | 285.08 | 286.00 | 282.91 | 0.626 times |
| 23 Thu May 2024 | 283.90 | 286.11 | 286.53 | 281.51 | 1.439 times |
| 22 Wed May 2024 | 287.01 | 285.70 | 288.90 | 285.45 | 0.779 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 278.1 as stoploss in an intra day buy trade for a target of 285.08. However, stock will show a bearish move below 278.1.
Share price targets for Cummins Inc (CMI)
| Target Type | Value |
| Downside Target | 236.00 |
| Downside Target | 260.88 |
| Downside Target | 271.56 |
| Upside Target | 281.51 |
| Upside Target | 283.05 |
| Upside Target | 284.99 |
| Upside Target | 288.90 |
| 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 | 272.73 |
| Downside Intraday Target | 266.65 |
| Upside Intraday Target | 283.72 |
| Upside Intraday Target | 288.63 |
| Downside Intraday Target | 277.64 |
Weekly technical analysis of Cummins Inc (CMI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 278.81 | 282.00 | 282.55 | 271.56 | 0.704 times |
| 31 Fri May 2024 | 281.73 | 284.01 | 284.99 | 273.66 | 0.96 times |
| 24 Fri May 2024 | 284.91 | 286.41 | 288.90 | 281.51 | 0.831 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 |
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 |
| 05 Wed Jun 2024 | 278.81 | 282.00 | 282.55 | 271.56 | 0.132 times |
| 31 Fri May 2024 | 281.73 | 282.89 | 300.22 | 273.66 | 0.959 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Cummins Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Cummins Inc in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 but selling 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 279.84 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Cummins Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Cummins Inc in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 but selling 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 279.84 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.