|
|
Industrial Machinery Industry Stocks Technical Analysis - CMIArchive - 5/15/2026 - Sign In to see current Signals. |
CUMMINS INC (CMI) Technical Analysis
|
 |
| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a second consecutive positive week for the CUMMINS INC (CMI). During the week, the CMI gained 16.98 points, or 2.50%, and closed at 696.53 on Friday, May 15, 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 718.08 on May 7, 2026. CMI gained -713.18 points, or -14554.69%, in 1230 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (135.87) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 718.08 on May 7, 2026. CMI gained -533.80 points, or -289.67%, in 202 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (287.33) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since April 17, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See CMI short-term trend chart] A short-term uptrend had started on March 30, 2026 at 510.05 and reached 718.08 on May 7, 2026. CMI gained -208.03 points, or -40.79%, in 38 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (707.46) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a short-term trend.
Daily Technical Indicators: [See CMI daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. The daily MACD line is above its signal line since March 31, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|