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Archive - 4/10/2026 - 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 second positive week after 6 consecutive negative weeks for the CUMMINS INC (CMI). During the week, the CMI gained 66.46 points, or 12.09%, and closed at 616.14 on Friday, April 10, 2026. Weekly volume was -29% below 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 620.78 on April 10, 2026. CMI gained -615.88 points, or -12568.98%, in 1226 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (135.28) 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 620.78 on April 10, 2026. CMI gained -436.50 points, or -236.87%, in 198 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (284.62) 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 is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 March 6, 2026. 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 620.78 on April 10, 2026. CMI gained -110.73 points, or -21.71%, in 11 days. Price is near the trend high.
Daily Technical Indicators: [See CMI daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help. 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 near its high and getting bigger. It indicates that the current short-term uptrend is strong. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
Candlestick pattern: [See CMI candlestick chart pattern] On Friday the chart has formed a Bearish Doji Star Candlestick pattern. A Bearish Doji Star Pattern occurs in an uptrend and shows that buyers are now losing the control and market is moving to a deadlock between buyers and sellers. The reliability of the Bearish Doji Star pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bearish Doji Star Candlestick pattern during the last week.
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