Commercial Metals (CMC, $58.77) was a top quarterly gainer, rising +18.19%. Expect an Uptrend reversal

A.I.dvisor
at Tickeron.com
03/29/24
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CMC - Commercial Metals Company
3-month gain
Bearish Trend
Odds of DOWN Trend

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Price: $58.77
Daily change: +$0.67 (+1.15%)
Daily volume: 1.1M
3-month price change: +$9.05 (+18.19%)
Capitalization: $6.8B
Industry: Steel
Commercial Metals (CMC, $58.77) was one of top quarterly gainers, jumping +1 to $58.77 per share. A.I.dvisor analyzed 106 stocks in the Steel Industry over the last three months, and discovered that of them () charted an Uptrend while of them () trended down. A.I.dvisor found 378 similar cases when CMC's price went up within three months. In out of those 378 cases, CMC's price went down during the following month. Based on these historical data, A.I. thinks the odds of an Uptrend reversal for CMC are
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CMCDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a manufacturer of steel reinforcing products

Industry Steel

Profile
Fundamentals
Details
Industry
Metal Fabrication
Address
6565 North MacArthur Boulevard
Phone
+1 214 689-4300
Employees
13022
Web
https://www.cmc.com