Technical Analysis for CMC - Commercial Metals Company

Grade Last Price % Change Price Change
grade D 16.65 -3.87% -0.67
CMC closed down 3.87 percent on Friday, March 22, 2019, on 1.86 times normal volume.

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

Date Alert Name Type % Chg
Mar 22 Earnings Movers Other 0.00%
Mar 22 Upper Bollinger Band Touch Strength 0.00%
Mar 21 Crossed Above 20 DMA Bullish -3.87%
Mar 21 Crossed Above 50 DMA Bullish -3.87%
Mar 21 MACD Bullish Signal Line Cross Bullish -3.87%
Mar 21 Expansion Pivot Buy Setup Bullish Swing Setup -3.87%
Mar 21 Wide Range Bar Range Expansion -3.87%
Mar 21 Earnings Movers Other -3.87%
Mar 19 20 DMA Resistance Bearish 3.22%
Mar 19 50 DMA Resistance Bearish 3.22%

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 Steel Mills Scrap 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: 1 bullish, 2 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 15.23
Average Volume 1,575,579
200-Day Moving Average 19.3569
50-Day Moving Average 16.5044
20-Day Moving Average 16.415
10-Day Moving Average 16.229
Average True Range 0.541
ADX 15.71
+DI 31.3838
-DI 19.4118
Chandelier Exit (Long, 3 ATRs ) 15.917
Chandelier Exit (Short, 3 ATRs ) 17.103
Upper Bollinger Band 17.3522
Lower Bollinger Band 15.4778
Percent B (%b) 0.63
BandWidth 11.418824
MACD Line -0.0312
MACD Signal Line -0.1083
MACD Histogram 0.0771
Fundamentals Value
Market Cap 1.93 Billion
Num Shares 116 Million
EPS 0.65
Price-to-Earnings (P/E) Ratio 25.62
Price-to-Sales 0.47
Price-to-Book 1.59
PEG Ratio 0.86
Dividend 0.48
Dividend Yield 2.88%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.18
Resistance 3 (R3) 18.31 17.92 17.93
Resistance 2 (R2) 17.92 17.53 17.86 17.84
Resistance 1 (R1) 17.29 17.29 17.10 17.16 17.75
Pivot Point 16.90 16.90 16.81 16.84 16.90
Support 1 (S1) 16.27 16.51 16.08 16.14 15.55
Support 2 (S2) 15.88 16.27 15.82 15.46
Support 3 (S3) 15.25 15.88 15.38
Support 4 (S4) 15.12