CMCO Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top CMCO on May 29, 2024, netting in a 13.02% gain over 1 month

A.I.dvisor
at Tickeron.com
06/08/24
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+13.02% Gain from a Successful pattern Head-and-Shoulders Top
CMCO - Columbus McKinnon Corp
Ticker: CMCO
Company: Columbus McKinnon
Gain from shortening: +13.02%
Confirmed: 05/29/24
Succeeded: 06/07/24
Total length: 42 days
On April 26, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Columbus McKinnon Corp (CMCO, $41.86). 33 days later, on May 29, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 07, 2024, the stock hit the target price of $36.72 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.
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General Information

a maker of material handling products and systems

Industry TrucksConstructionFarmMachinery

Profile
Fundamentals
Details
Industry
Trucks Or Construction Or Farm Machinery
Address
205 Crosspoint Parkway
Phone
+1 716 689-5400
Employees
3392
Web
https://www.columbusmckinnon.com