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Commercial Metals Company

CMC Technical Analysis Summary (NYSE)

Analyze CMC on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CMC●NYSE
Basic MaterialsSteel
$62.05
$2.44(3.78%)
U.S. Market opens in 9h 53m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CMC Technical Analysis Summary (NYSE)

Commercial Metals Company (NYSE: CMC) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 36.83)
Trend Strength:Weak (ADX: 17.65)
Volatility:Medium (ATR: 2.06)
Support/Resistance:$61.82 – $70.83 (Bollinger Bands)

Technical conditions suggest Commercial Metals Company on the NYSE is awaiting a decisive move. Overall, Commercial Metals Company remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 36.83

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 14.22

Bullish
Oversold zone signals rebound potential.

Williams %R: -89.39

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -10.05

Strongly Bearish
Sharp downside momentum.

Takeaway:Commercial Metals Company shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.26

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.65

Weak
Weak trend, market trading sideways.

ATR (14): 2.06

Medium
Medium volatility, healthy price movement.

CCI (14): -201.40

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Commercial Metals Company shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$70.83
Middle Band (SMA 20)
$66.33
Lower Band
$61.82
Current Position
Within Bands

Takeaway:Commercial Metals Company trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$69.91
Middle Line (EMA 20)
$65.79
Lower Channel
$61.66
Squeeze Status
No Squeeze

Takeaway:Commercial Metals Company trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-270.87K
Money Flow Index23.49Bearish, selling pressure outweighs inflows.
Relative Vigor Index39.17Bearish, price momentum favors sellers.

Overall Takeaway:CMC shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Commercial Metals Company (NYSE: CMC), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Commercial Metals Company are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: CMC) Technical Analysis FAQ