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Archive - 8/28/2026 - Sign In to see current Signals. |
CUMMINS INC (CMI) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the CUMMINS INC (CMI). During the week, the CMI dropped -22.83 points, or -3.88%, and closed at 564.85 on Friday, August 28, 2026. CMI was trading at average weekly trading volume.
Long-term trend: [See CMI long-term trend chart] A long-term uptrend had started on October 9, 2002 at 4.90 and reached 737.76 on June 18, 2026. CMI gained -732.86 points, or -14956.33%, in 1236 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (137.56) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See CMI medium-term trend chart] A medium-term uptrend had started on June 23, 2022 at 184.28 and reached 737.76 on June 18, 2026. CMI gained -553.48 points, or -300.35%, in 208 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (295.14) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See CMI weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since July 2, 2026. The distance between MACD and the signal line is near its high and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See CMI short-term trend chart] A short-term downtrend had started on June 18, 2026 at 737.76 and reached 561.47 on August 28, 2026. CMI lost 176.29 points, or 23.90%, in 71 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 507.82 and resistance is at 620.73. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See CMI daily technical indicators chart] Daily Relative Strength Index and Williams' Percentage Range are oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Williams' Percentage Range or strongly oversold daily Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is below its signal line since August 17, 2026. This is an indication that the short-term trend is down.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Industrials |
5 |
| Industry |
Industrial Machinery |
43 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
661.01 |
| High Date |
08/05/2026 |
| Low |
561.47 |
| Low Date |
08/28/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Valid |
| Resistance |
620.73 |
| Support |
507.82 |
| High |
737.76 |
| High Date |
06/18/2026 |
| Low |
561.47 |
| Low Date |
08/28/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Support |
| Resistance |
788.68 |
| Support |
648.20 |
| Low |
260.00 |
| Low Date |
04/07/2025 |
| High |
737.76 |
| High Date |
06/18/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Resistance |
| Resistance |
510.19 |
| Support |
295.14 |
| Low |
184.28 |
| Low Date |
06/23/2022 |
| High |
737.76 |
| High Date |
06/18/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Resistance |
| Resistance |
361.42 |
| Support |
137.56 |
| Low |
4.90 |
| Low Date |
10/09/2002 |
| High |
737.76 |
| High Date |
06/18/2026 |
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