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Technical Analysis for CMI - Cummins Inc.

Grade Last Price % Change Price Change
A 281.73 0.94% 2.61
CMI closed up 0.94 percent on Friday, May 31, 2024, on 1.28 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Flat

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Oversold Stochastic Weakness 0.00%
Oversold Stochastic Weakness 0.94%
Below Lower BB Weakness 2.69%
Gapped Down Weakness 2.69%
Lower Bollinger Band Touch Weakness 2.69%
Oversold Stochastic Weakness 2.69%
Stochastic Reached Oversold Weakness 1.25%
Oversold Stochastic Weakness 1.25%

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Profile

Cummins Inc. Description

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Components, Power Generation, and Distribution. The Engine segment offers a range of diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail, and governmental equipment markets. This segment also provides new parts and service, as well as remanufactured parts and engines. The Components segment supplies filtration products, turbochargers, after treatment systems, and fuel systems for commercial diesel applications. This segment offers filtration systems for on-and off-highway heavy-duty and mid-range equipment, as well as supplies filtration products for industrial and passenger car applications. This segment also develops after treatment systems and turbochargers to enable customers meet emissions standards and fuel systems. The Power Generation segment designs and manufactures components that make up power generation systems, including engines, controls, alternators, transfer switches, and switchgear, as well as power generation systems, components, and services. The Distribution segment provides products and services, as well as service solutions, including maintenance contracts, engineering services, and integrated products. The company sells its products to original equipment manufacturers, distributors, and other customers worldwide. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.


Classification

Sector: Industrials
Industry: Diversified Industrials
Keywords: S&P 500 Natural Gas Mining Oil And Gas Engineering Services Passenger Car Engines Filtration Systems Alternator Component Products Filtration Products Machines Treatment Systems Fuel Systems Internal Combustion Engine Gas Engine Gas Engines Natural Gas Engines Switchgear Turbocharger Cummins Electric Generator Diesel Applications Power Generation Systems

Is CMI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 302.4641
52 Week Low 208.626
Average Volume 1,202,134
200-Day Moving Average 248.31
50-Day Moving Average 288.94
20-Day Moving Average 285.10
10-Day Moving Average 281.89
Average True Range 5.48
RSI (14) 46.24
ADX 24.82
+DI 18.50
-DI 29.79
Chandelier Exit (Long, 3 ATRs) 282.03
Chandelier Exit (Short, 3 ATRs) 288.75
Upper Bollinger Bands 295.94
Lower Bollinger Band 274.26
Percent B (%b) 0.34
BandWidth 7.61
MACD Line -2.08
MACD Signal Line -1.20
MACD Histogram -0.8769
Fundamentals Value
Market Cap 39.95 Billion
Num Shares 142 Million
EPS 5.16
Price-to-Earnings (P/E) Ratio 54.60
Price-to-Sales 1.05
Price-to-Book 4.03
PEG Ratio 0.64
Dividend 6.50
Dividend Yield 2.31%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 292.46
Resistance 3 (R3) 291.27 286.52 290.67
Resistance 2 (R2) 286.52 283.79 287.11 290.07
Resistance 1 (R1) 284.12 282.10 285.32 285.31 289.48
Pivot Point 279.37 279.37 279.97 279.96 279.37
Support 1 (S1) 276.97 276.64 278.17 278.16 273.98
Support 2 (S2) 272.22 274.95 272.81 273.39
Support 3 (S3) 269.82 272.22 272.79
Support 4 (S4) 271.01