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(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 2024-06-13 View latest technical analysis

10 day averaged volume of Cummins Inc is 859840

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	270.38	270.93	273.04	267.47	0.864 times
12 Wed Jun 2024	272.20	274.45	275.27	269.68	0.822 times
11 Tue Jun 2024	271.70	272.18	273.16	269.58	0.774 times
10 Mon Jun 2024	273.17	270.97	275.24	270.97	0.925 times
07 Fri Jun 2024	271.87	273.00	274.90	270.54	0.896 times
06 Thu Jun 2024	274.22	278.22	278.72	273.50	0.899 times
05 Wed Jun 2024	278.81	273.97	279.62	273.88	1.247 times
04 Tue Jun 2024	273.11	274.10	276.01	271.56	0.845 times
03 Mon Jun 2024	275.22	282.00	282.55	272.72	0.94 times
31 Fri May 2024	281.73	278.52	281.76	274.61	1.783 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 272.9, but if it comes above 272.9, then a intra day buy could be more profitable.
If you take a sell trade below 272.9, then use 272.9 as stoploss and 265.8 as target. However if you take a buy trade in stock , then use 272.9 as stoploss and 278.71 as target.

Share price targets for Cummins Inc (CMI)

Target Type	Value
Downside Target	236.00
Downside Target	260.88
Downside Target	267.47
Upside Target	281.51
Upside Target	282.55
Upside Target	282.72
Upside Target	284.99
Upside Target	288.90
Upside Target	297.11
Upside Target	300.22
Upside Target	304.25

Intraday share price targets for Cummins Inc (CMI)

Target Type	Value
Downside Intraday Target	266.81
Downside Intraday Target	263.24
Upside Intraday Target	274.61
Upside Intraday Target	278.84
Upside Intraday Target	271.04

Weekly technical analysis of Cummins Inc (CMI)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	270.38	270.97	275.27	267.47	0.701 times
07 Fri Jun 2024	271.87	282.00	282.55	270.54	1.12 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

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
13 Thu Jun 2024	270.38	282.00	282.55	267.47	0.358 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Cummins Inc in short term and the sell signal is strong.

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 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 275.13 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.