Commercial Metals (CMC, $48.44) RSI Indicator left the overbought zone on May 12, 2025

#Steel, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MidCap, #Russel2000
CMC - Commercial Metals Company
RSI signal
Bearish Trend
73%
Odds of DOWN Trend
Price: $48.44
Daily change: +$2.35 (+5.1%)
Daily volume: 896.7K
Industry: Steel

This is a signal that CMC's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 37 similar cases where CMC's RSI Indicator left the overbought zone, and in 27 of them led to a successful outcome. Odds of Success: 73%.