Our Analysis of Cummins Inc. ($CMI) (2019-10-15)

REPORTING FOR 2019-10-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how CMI has been trading over the last 2 weeks and the past day especially. On its latest session, Cummins Inc. ($CMI) opened at 159.9, reaching a high of 163.9 and a low of 157.8509 before closing at a price of 163.76. There was a total volume of 738176.

VOLUME INDICATORS FOR CUMMINS INC. ($CMI): We saw an accumulation-distribution index of 494.30031, an on-balance volume of 162.76, chaikin money flow of 2.02455 and a force index of 17.85464. There was an ease of movement rating of -0.02176, a volume-price trend of -0.89003 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR CUMMINS INC. ($CMI): We noted an average true range of 2.20906, bolinger bands of 162.55814, an upper bollinger band of 155.60276, lower bollinger band of 157.8509, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 160.5503, high band keltner channel of 156.5503, low band keltner channel of 164.5503, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 157.8509, a donchian channel low band of 157.8509, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR CUMMINS INC. ($CMI): We calculated a Moving Average Convergence Divergence (MACD) of 0.05517, a MACD signal of 0.03065, a MACD difference of 0.02452, a fast Exponential Moving Average (EMA) indicator of 157.8509, a slow Exponential Moving Average (EMA) indicator of 157.8509, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.42465, a trix of -0.05912, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 0.88603, a KST Oscillator (KST) of -5.58174 and a KST Oscillator (KST Signal) of -5.58174 (leaving a KST difference of 3.87292). We also found an Ichimoku rating of 161.9, an Ichimoku B rating of 161.9, a Ichimoku visual trend A of 161.05189, an Ichimoku visual trend B of 158.82791, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR CUMMINS INC. ($CMI): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.05204, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -76.18013, a stochastic oscillator of 151.2275, a stochastic oscillator signal of 151.2275, a Williams %R rating of 51.2275 and an awesome oscillator of -0.724.

RETURNS FOR CUMMINS INC. ($CMI): There was a daily return of -0.55817, a daily log return of 1.54585 and a cumulative return of 1.55786.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Cummins Inc. ($CMI)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Cummins Inc. ($CMI) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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