Commercial Metals Stock Technical Analysis
| CMC Stock | USD 48.99 0.92 1.84% |
As of the 31st of January, Commercial Metals shows the Risk Adjusted Performance of (0.01), mean deviation of 1.76, and Standard Deviation of 2.63. Commercial Metals technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Commercial Metals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Commercial, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CommercialCommercial |
Commercial Metals Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 61.38 | Buy | 10 | Odds |
Most Commercial analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Commercial stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Commercial Metals, talking to its executives and customers, or listening to Commercial conference calls.
Commercial Metals technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Commercial Metals Technical Analysis
The output start index for this execution was fourty-five with a total number of output elements of sixteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Commercial Metals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Commercial Metals Trend Analysis
Use this graph to draw trend lines for Commercial Metals. You can use it to identify possible trend reversals for Commercial Metals as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Commercial Metals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Commercial Metals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Commercial Metals applied against its price change over selected period. The best fit line has a slop of 0.24 , which may imply that the returns on investment in Commercial Metals will continue to fail. It has 122 observation points and a regression sum of squares at 2091.97, which is the sum of squared deviations for the predicted Commercial Metals price change compared to its average price change.About Commercial Metals Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Commercial Metals on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Commercial Metals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Commercial Metals price pattern first instead of the macroeconomic environment surrounding Commercial Metals. By analyzing Commercial Metals's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Commercial Metals's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Commercial Metals specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2025 (projected) | Dividend Yield | 0.0114 | 0.0127 | 0.0166 | Price To Sales Ratio | 0.75 | 0.78 | 0.74 |
Commercial Metals January 31, 2025 Technical Indicators
Most technical analysis of Commercial help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Commercial from various momentum indicators to cycle indicators. When you analyze Commercial charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 1.76 | |||
| Coefficient Of Variation | (6,130) | |||
| Standard Deviation | 2.63 | |||
| Variance | 6.93 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 19.11 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.36 | |||
| Skewness | 2.16 | |||
| Kurtosis | 10.7 |
Commercial Metals January 31, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Commercial stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 26,052 | ||
| Daily Balance Of Power | (0.51) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 49.39 | ||
| Day Typical Price | 49.26 | ||
| Price Action Indicator | (0.86) |
Complementary Tools for Commercial Stock analysis
When running Commercial Metals' price analysis, check to measure Commercial Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Commercial Metals is operating at the current time. Most of Commercial Metals' value examination focuses on studying past and present price action to predict the probability of Commercial Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commercial Metals' price. Additionally, you may evaluate how the addition of Commercial Metals to your portfolios can decrease your overall portfolio volatility.
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