Technical Analysis for CMC - Commercial Metals Company

Grade Last Price % Change Price Change
grade F 14.97 -3.36% -0.52
CMC closed down 3.36 percent on Monday, May 20, 2019, on 2.0 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical CMC trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Calm After Storm Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Below Lower BB Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Expansion Breakdown Bearish Swing Setup -3.36%
Volume Surge Other -3.36%
Lower Bollinger Band Walk Weakness -3.36%

Older signals for CMC ...

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Profile
Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally. The company processes scrap metals for use as a raw material by manufacturers of new metal products through 33 scrap metal processing facilities to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also operates five steel mills producing reinforcing bars, angles, flats, rounds, small beams, fence-post sections, and other shapes; two scrap metal shredder and processing facilities; a railroad salvage company; and a copper tube minimill. In addition, the company conducts fabrication operations, fence post manufacturing plants, and construction-related and other product facilities that operate through a network of steel plants that bend, cut, weld, and fabricate steel; warehouses that sell or rent products for the installation of concrete; plants that produce steel fence posts; and plants that heat-treat steel. Further, it operates two rolling mills that produce reinforcing bar and merchant products; a rolling mill that produces wire rods; a specialty rod finishing mill; scrap processing facilities that support minimills; and four steel fabrication plants for reinforcing bar and mesh products. Additionally, the company markets and distributes steel, copper and aluminum coils, sheets and tubing, ores, metal concentrates, industrial minerals, ferroalloys, and chemicals to the manufacturers in the steel, nonferrous metals, metal fabrication, chemical, refractory, and transportation businesses. Commercial Metals Company was founded in 1915 and is headquartered in Irving, Texas.
Manufacturing Chemicals Chemical Steel Supply Chain Management Building Materials Metal Waste Management Metal Products Metals Metal Fabrication Scrap Steel Mills Steelmaking Steel Mill Reliance Steel & Aluminum Co.
Is CMC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 24.95
52 Week Low 14.84
Average Volume 1,265,209
200-Day Moving Average 18.2785
50-Day Moving Average 16.9658
20-Day Moving Average 16.791
10-Day Moving Average 16.252
Average True Range 0.5451
ADX 19.92
+DI 15.3537
-DI 41.0833
Chandelier Exit (Long, 3 ATRs ) 16.3647
Chandelier Exit (Short, 3 ATRs ) 16.4753
Upper Bollinger Band 18.2061
Lower Bollinger Band 15.3759
Percent B (%b) -0.14
BandWidth 16.855458
MACD Line -0.4277
MACD Signal Line -0.2303
MACD Histogram -0.1975
Fundamentals Value
Market Cap 1.74 Billion
Num Shares 116 Million
EPS 0.65
Price-to-Earnings (P/E) Ratio 23.03
Price-to-Sales 0.47
Price-to-Book 1.59
PEG Ratio 0.86
Dividend 0.48
Dividend Yield 3.21%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.63
Resistance 3 (R3) 15.66 15.47 15.52
Resistance 2 (R2) 15.47 15.30 15.46 15.48
Resistance 1 (R1) 15.22 15.20 15.13 15.19 15.45
Pivot Point 15.03 15.03 14.98 15.02 15.03
Support 1 (S1) 14.78 14.86 14.69 14.75 14.49
Support 2 (S2) 14.59 14.76 14.58 14.46
Support 3 (S3) 14.34 14.59 14.42
Support 4 (S4) 14.31