Technical Analysis for CMC - Commercial Metals Company

Grade Last Price % Change Price Change
B 29.34 -0.34% -0.1000
CMC closed down 0.34 percent on Friday, April 16, 2021, on 40 percent of normal volume.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Up Down
Historical CMC trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.48%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.48%
Inside Day Range Contraction 0.48%
1,2,3 Pullback Bullish Bullish Swing Setup 2.30%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 2.30%
20 DMA Resistance Bearish -1.21%
1,2,3 Pullback Bullish Bullish Swing Setup -1.21%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.21%
Narrow Range Bar Range Contraction -1.21%
Older End-of-Day Signals for CMC ...

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Profile

Commercial Metals Company Description

Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally. It operates through four segments: Americas Recycling, Americas Mills, Americas Fabrication, and International Mill. The Americas Recycling segment processes and sells scrap metals 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. The Americas Mills segment manufactures finished long steel products, including reinforcing bars (rebars), merchant bars, light structural products, and other special sections, as well as semi-finished billets for re-rolling and forging applications. This segment sells its products to the construction, service center, transportation, steel warehousing, fabrication, energy, petrochemical, and original equipment manufacturing industries. The Americas Fabrication segment offers fabricated steel products for use primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams. The International Mill segment manufactures rebars, merchant bars, and wire rods, as well as semi-finished billets; and sells fabricated rebars, fabricated meshes, assembled rebar cages, and other rebar by-products primarily to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Energy Transportation Building Materials Concrete Recycling Steel Products Dams Metals Forging Metal Products Manufacturing Industries Arena Ingot Mesh Metal Fabrication Steels Equipment Manufacturing Rebar Industrial Plants Steel Mill Rolling Scrap Metal Stadiums Long Steel Products Brass Steel Mills Bronze Structural Products

Is CMC 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 32.43
52 Week Low 18.59
Average Volume 1,366,210
200-Day Moving Average 0.0000
50-Day Moving Average 27.4512
20-Day Moving Average 29.8830
10-Day Moving Average 30.0180
Average True Range 1.1542
ADX 27.24
+DI 23.4891
-DI 19.5600
Chandelier Exit (Long, 3 ATRs ) 28.9674
Chandelier Exit (Short, 3 ATRs ) 30.4526
Upper Bollinger Band 32.4050
Lower Bollinger Band 27.3610
Percent B (%b) 0.39
BandWidth 16.8792
MACD Line 0.4888
MACD Signal Line 0.8531
MACD Histogram -0.3643
Fundamentals Value
Market Cap 3.49 Billion
Num Shares 119 Million
EPS 2.32
Price-to-Earnings (P/E) Ratio 12.65
Price-to-Sales 0.46
Price-to-Book 1.33
PEG Ratio 12.25
Dividend 0.48
Dividend Yield 1.64%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.5850
Resistance 3 (R3) 30.6333 30.2667 30.3775
Resistance 2 (R2) 30.2667 29.9496 30.2425 30.3083
Resistance 1 (R1) 29.8033 29.7537 29.6200 29.7550 30.2391
Pivot Point 29.4367 29.4367 29.3450 29.4125 29.4367
Support 1 (S1) 28.9733 29.1196 28.7900 28.9250 28.4409
Support 2 (S2) 28.6067 28.9237 28.5825 28.3717
Support 3 (S3) 28.1433 28.6067 28.3025
Support 4 (S4) 28.0950