A Deep Analysis of Cummins Inc. ($CMI) (2019-10-21)

REPORTING FOR 2019-10-21 | 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 167.85, reaching a high of 170.88 and a low of 167.24 before closing at a price of 170.28. There was a total volume of 1217717.

VOLUME INDICATORS FOR CUMMINS INC. ($CMI): We saw an accumulation-distribution index of 685.43454, an on-balance volume of -167.64, chaikin money flow of 1.40264 and a force index of 5.863. There was an ease of movement rating of 0.01066, a volume-price trend of 8.81511 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR CUMMINS INC. ($CMI): We noted an average true range of 2.15028, bolinger bands of 168.12679, an upper bollinger band of 165.38321, lower bollinger band of 167.24, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 168.65667, high band keltner channel of 165.62667, low band keltner channel of 171.68667, 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 167.24, a donchian channel low band of 167.24, 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 -0.02176, a MACD signal of -0.01209, a MACD difference of -0.00967, a fast Exponential Moving Average (EMA) indicator of 167.24, a slow Exponential Moving Average (EMA) indicator of 167.24, 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 0.79819, a trix of 4.9313, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -8.20728, a KST Oscillator (KST) of 51.60749 and a KST Oscillator (KST Signal) of 51.60749 (leaving a KST difference of -1.52484). We also found an Ichimoku rating of 169.365, an Ichimoku B rating of 169.365, a Ichimoku visual trend A of 161.79437, an Ichimoku visual trend B of 159.79125, 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 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 93.08177, a stochastic oscillator of 120.13201, a stochastic oscillator signal of 120.13201, a Williams %R rating of 20.13201 and an awesome oscillator of -0.724.

RETURNS FOR CUMMINS INC. ($CMI): There was a daily return of 5.16075, a daily log return of -0.58169 and a cumulative return of -0.58.

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 2019-10-21 (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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