Commercial Metals (CMC, $49.03) Moving Average Convergence Divergence (MACD) Histogram turned negative on February 27, 2025

#Steel, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #MidCap, #Russel2000
CMC - Commercial Metals Company
MACD signal
Bearish Trend
67%
Odds of DOWN Trend
Price: $49.03
Daily change: -$0.88 (-1.76%)
Daily volume: 832.4K
Capitalization: $5.6B
Industry: Steel

This is a Bearish indicator signaling CMC's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 48 similar cases where CMC's MACD histogram became negative, and 32 of them led to successful outcomes. Odds of Success: 67%.