CMC NYSE |
Commercial Metals Co • Steel |
Mon 7 Apr, 2:15 pm ET | |
Long TradeTarget 1:
45.97 Profit:
15.1% Stop/Trailing Stop: 38.62
Loss:
3.3% P/L ratio: 4.6 : 1 - Excellent
Target 2:
47.2 Profit:
18.2% P/L ratio: 5.5 : 1 - Excellent Extreme rally
Default chart
Quote 39.94 -1.01,-2.5% L 38.02 O 39.08 H 42.33 Volume 1.19mil +82.9% typical 52 Wk 39.9 to 63.3 Earnings recent Mar 20 pMkt Link PEG 35.4 P/E 68 Short 3.26%Div 1.79% EPS 0.60Mkt Cap 4.63B |
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Top ˄Mon 7 Apr, 2:15 pm ET
8 Month Detailed Chart
100%
Scale +/-0(min) to 10(max)
QUOTE
39.94, -1.01 pts (-2.5%), Mon 7 Apr, 2:15 pm ET
strong down from yesterday's close.
Today's
L 38.02 O 39.08 H 42.33Typical price range:
40.15 to
41.75 ± 0.799 pts, ± 2%
Extreme price range (85% of time)
39.35 to
42.55 ± 1.6 pts, ± 4%
VOLUME
1.19mil shares, +82.9% compared to typical volume of 648.38k by 2:15 pm ET.
High Volume alert!
Typical daily volume is
997.51k shares over the past 6 months.
RALLIES/PULLBACKS** Current price area
Typical: 5.02 pts (12.6%) occurs 25% of the time.
Extreme: 6.53 pts (16.3%) occurs 5% of the time.
A summary of bullish and bearish indicators. | |
BULLISH
[Positioning] Short term extreme pullback, expect pullback to pause/stop.
[Positioning] Extreme Oversold, odds definitely favor long trades.
[Positioning] Intermediate trend bullish, Downtrend turned sideways, possible bottom.
[Timing] Strong bullish 3 day candlestick pattern with Extreme 3 day accumulation.
[Timing] Extreme bullish 1 day moneyflow
BEARISH
None
Indicators for positioning trade entry and exits.
1 DAY PRICE CHANGE
strong down (-1.01 pts, -2.5%) from yesterday's close.
SHORT TERM DIRECTION
extreme pullback, expect pullback to pause/stop.
OVERBOUGHT/SOLD
Extreme Oversold, odds definitely favor long trades.
1 MONTH TREND
INTERMEDIATE TREND** Past 4 months
bullish, Downtrend turned sideways, possible bottom.
SUPPORT/RESISTANCE
39.94, not at support or resistance
Support Below : None.
Resistance Above : +11.8% at
44.63 ± 0.893
type single,
strength 5
Indicators for timing trade entry and exits.
Over 120 three day candlestick chart patterns analyzed.
3 DAY CANDLESTICK
Strong bullish 3 day candlestick pattern.
Extreme 3 day accumulation, occurs 5% of the time.
Days Back
Strong Bullish
Mild Bullish
Neutral
Mild Bearish
Strong Bearish
0
5
10
15
25
3 Day Candlestick (over last 25 days)
3 Day Candlestick (2 day avg)
MONEYFLOW
Extreme bullish 1 day moneyflow by 2:15 pm ET,
occurs 5% of the time.
BREAKOUT
None.
BREAKDOWN
None.
Support and Resistance Areas
Over the past 8 months.
Type/Strength Help
CURRENT PRICE
39.94, not at support or resistance
SUPPORT BELOW
None.
RESISTANCE ABOVE
+11.8% at 44.63 ± 0.893 type single,
strength 5
+18.2% at 47.2 ± 0.944 type triple+,
strength 10
+21.6% at 48.58 ± 0.972 type single,
strength 3
...
65%
Trade Quality
Long
TARGET 1
Price:
45.97 Profit:
15.1% (Typical rally)
Stop/Trailing Stop: 38.62 Loss: 3.3%
P/L Ratio: 4.6 : 1 - Excellent
POTENTIAL
Excellent, there are 1 resistance areas on the way to Target 1.
When there are few resistance areas, stocks may quickly rise to targets.
TARGET 1 RESISTANCE
+11.8% at
44.63 ± 0.893
type single,
strength 5
+15.1% at 45.97 is Target 1
TARGET 2
Price:
47.2 Profit:
18.2% P/L Ratio: 5.5 : 1 - Excellent
(Extreme rally)
Breakout trade indicators.
Breakout Tip
BREAKOUT
None.
0%
Trade Quality
Short
TARGET 1
Price:
43.16 Profit:
0% (Strong pullback has exceeded Target 1)
Cover/Trailing Cover: 41.28 Loss: 3.4%
POTENTIAL
Excellent, there are 0 support areas on the way to Target 1.
When there are few support areas, stocks may quickly fall to targets.
TARGET 2
Price:
41.53 Profit:
0% (Extreme pullback has exceeded Target 2)
Breakdown trade indicators.