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Archive - 5/29/2026 - 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 a first positive week for the CUMMINS INC (CMI). During the week, the CMI gained 7.08 points, or 1.11%, and closed at 646.63 on Friday, May 29, 2026. Weekly volume was 11% above average.
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 (136.08) 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 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 (288.31) 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 Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. 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 Lane's Stochastic 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. 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 May 7, 2026 at 718.08 and reached 628.09 on May 22, 2026. CMI lost 89.99 points, or 12.53%, in 15 days. The price is now at the 20.60% retracement level.
Daily Technical Indicators: [See CMI daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. The daily MACD line is below its signal line since May 15, 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 |
7 |
| Industry |
Industrial Machinery |
42 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
718.08 |
| High Date |
05/07/2026 |
| Low |
628.09 |
| Low Date |
05/22/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
510.05 |
| Low Date |
03/30/2026 |
| High |
718.08 |
| High Date |
05/07/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
741.71 |
| Support |
552.56 |
| Low |
260.00 |
| Low Date |
04/07/2025 |
| High |
718.08 |
| High Date |
05/07/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Resistance |
| Resistance |
492.28 |
| Support |
288.31 |
| Low |
184.28 |
| Low Date |
06/23/2022 |
| High |
718.08 |
| High Date |
05/07/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Resistance |
| Resistance |
357.42 |
| Support |
136.08 |
| Low |
4.90 |
| Low Date |
10/09/2002 |
| High |
718.08 |
| High Date |
05/07/2026 |
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