Technical Analysis for CMC - Commercial Metals Company

Grade Last Price % Change Price Change
grade F 15.94 1.01% 0.16
CMC closed up 1.01 percent on Wednesday, January 16, 2019, on 1.36 times normal volume.

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

Date Alert Name Type % Chg
Jan 16 20 DMA Resistance Bearish 0.00%
Jan 16 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Jan 15 20 DMA Resistance Bearish 1.01%
Jan 15 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.01%
Jan 15 Outside Day Range Expansion 1.01%
Jan 14 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.57%
Jan 11 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.82%
Jan 11 Narrow Range Bar Range Contraction 0.82%
Jan 11 NR7 Range Contraction 0.82%
Jan 11 NR7-2 Range Contraction 0.82%

Older signals for CMC ...

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

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.
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, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 26.72
52 Week Low 15.23
Average Volume 1,239,112
200-Day Moving Average 20.5727
50-Day Moving Average 17.909
20-Day Moving Average 16.1195
10-Day Moving Average 16.057
Average True Range 0.6935
ADX 25.04
+DI 13.8215
-DI 18.9296
Chandelier Exit (Long, 3 ATRs ) 15.8295
Chandelier Exit (Short, 3 ATRs ) 17.3105
Upper Bollinger Band 16.9933
Lower Bollinger Band 15.2457
Percent B (%b) 0.4
BandWidth 10.841527
MACD Line -0.5285
MACD Signal Line -0.6039
MACD Histogram 0.0754
Fundamentals Value
Market Cap 1.85 Billion
Num Shares 116 Million
EPS 0.65
Price-to-Earnings (P/E) Ratio 24.52
Price-to-Sales 0.47
Price-to-Book 1.59
PEG Ratio 0.86
Dividend 0.48
Dividend Yield 3.01%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.57
Resistance 3 (R3) 16.59 16.40 16.47
Resistance 2 (R2) 16.40 16.24 16.39 16.43
Resistance 1 (R1) 16.17 16.14 16.29 16.15 16.39
Pivot Point 15.98 15.98 16.04 15.97 15.98
Support 1 (S1) 15.75 15.82 15.87 15.73 15.49
Support 2 (S2) 15.56 15.72 15.55 15.45
Support 3 (S3) 15.33 15.56 15.42
Support 4 (S4) 15.31