Trading Signals: CMI Stock Price Prediction and Forecast

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Thu. Jul. 5, 2007

Trading Signals: CMI Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Wed. Sep. 27, 2023)

(Cummins Inc.)
CMI latest price $52.6400 (-1.15%) ($52.3900 - $53.5000) on Thu. Jul. 5, 2007.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.76% (three month average)
RSI   65
Latest Price   $52.6400(-1.15%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMI advances 0.8% a day on average for past five trading days.
Weekly Trend   CMI advances 2.5% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support CMI advance at 0% a week (0% probability)
SPY(70%)    IWM(69%)    EEM(66%)    VWO(65%)    EWG(64%)
Factors Impacting CMI price   CMI will decline at least -1.38% in a week (0% probabilities).
TLT(-31%)    SHY(-23%)    TIP(-15%)    GLD(6%)    LQD(8%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.38% (StdDev 2.76%)
Hourly BBV 0 ()
Intraday Trend -1.6%

5 Day Moving Average   $52.11(1.02%)
10 Day Moving Average   $51.36(2.49%)
20 Day Moving Average   $50.05(5.17%)
To recent high   -1.1%
To recent low   43.6%
Market Cap   $7.77b

Cummins, Inc. engages in the design, manufacture, sale and service of diesel and natural gas engines and powertrain-related technologies, including fuel systems, controls, air handing, filtration, emission, solutions and electrical power generation systems. It operates through the following segments: Engine, Distribution, Components and Power Generation. The Engine segment manufactures and markets a range of diesel and natural gas powered engines under the Cummins brand name, for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail and governmental equipment markets. The Distribution segment consists of parts, engines, power generation and service, which service and distributes range of its products and services. The Components segment supplies products which complement its Engine and Power Systems segment, including after treatment systems, turbochargers, filtration products and fuel systems for commercial diesel applications. The Power Generation segment designs and manufactures most of the components that make up power generation systems, including controls, alternators, transfer switches and switchgear. The company was founded by Clessie Lyle Cummins and William Glanton Irwin on February 3, 1919 and is headquartered in Columbus, IN.

$. CMI price fluctuates within 3.88% (three month std-dev: 2.76%) daily (68% of days).

Sample size 6 Average positive next day return: 0.89%(50%) Average negative next day return: -0.93%(50%) Sample size 6 Average positive next three day return: 1.16%(50%) Average negative next three day return: -1.8%(50%) Sample size 6 Average positive next weekly return: 0.95%(33%) Average negative next weekly return: -2.89%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_5_2007	41.75	50.05	51.36	52.11	52.27	53.19	52.64(-1.15%)	UD	OpenLong	75	0.3	31	130	21	62	2.23	86%	0.58	56.7	2.76%	0	1.3	65	0
2	Jul_3_2007	41.51	49.81	51.27	51.71	51.82	52.6	53.25(1.35%)	UT	OpenLong	75	0.8	52	110	43	77	1.87	86%	0.46	60.9	2.74%	0	1.9	69	0
3	Jul_2_2007	41.32	49.64	50.99	50.91	51.01	51.35	52.54(3.81%)	UT	OpenLong	75	0.9	29	50	18	60	3.23	86%	0.46	68.3	2.74%	0	1.7	69	0
4	Jun_29_2007	41.13	49.37	50.57	50.42	50.55	51.04	50.61(-1.71%)	UD	OpenLong	75	0.1	17	80	6	48	3.37	85%	0.42	73.7	2.69%	0	0.7	64	0
5	Jun_28_2007	40.96	49.2	50.4	50.51	50.51	50.68	51.49(1.6%)	UT	OpenLong	75	0.6	23	20	10	61	4.18	83%	0.39	85.8	2.67%	0	1.3	72	0

6	Jun_27_2007	40.8	48.98	50.13	50.52	50.61	50.07	50.68(2.92%)	UT	HoldLong	50	0.1	6	-70	-13	62	3.77	80%	0.42	90.5	2.69%	0	0.9	71	0
7	Jun_26_2007	40.63	48.7	49.91	50.79	50.96	50.34	49.24(-1.7%)	N/A	N/A	0	-0.8	-1	-80	-24	69	3.24	80%	0.35	90.2	2.69%	0	0.3	59	0
8	Jun_25_2007	40.49	48.47	49.78	51.06	51.39	51.15	50.09(-1.92%)	UD	OpenLong	75	-0.5	20	-10	1	77	3.4	80%	0.4	94.3	2.68%	0	0.8	48	0
9	Jun_22_2007	40.33	48.17	49.56	50.69	51.07	51.57	51.07(-0.91%)	UD	OpenLong	75	0.2	30	90	14	77	3.96	80%	0.42	83	2.66%	0	1.3	63	0
10	Jun_21_2007	40.16	47.78	49.15	50.23	50.34	51.63	51.54(-0.88%)	UD	OpenLong	75	0.6	45	190	35	74	3.88	80%	0.45	70.3	2.66%	0	1.6	66	0

11	Jun_20_2007	39.98	47.39	48.66	49.68	49.73	50.57	52(2.79%)	UT	OpenLong	75	1	52	120	48	64	8.55	80%	0.5	63.5	2.66%	0	2	67	0
12	Jun_19_2007	39.78	46.97	48.2	48.94	48.97	49.06	50.59(4.83%)	UT	OpenLong	75	0.8	24	10	17	45	3.87	80%	0.48	57.8	2.65%	0	1.7	70	0
13	Jun_18_2007	39.59	46.63	48.14	48.36	48.61	49.06	48.26(-1.01%)	UD	OpenLong	75	-0	16	50	4	53	1.84	79%	0.46	50.4	2.61%	0	0.8	68	0
14	Jun_15_2007	39.41	46.41	48.05	48.26	48.44	48.88	48.75(-0.08%)	UD	OpenLong	75	0.2	35	70	22	75	2.4	79%	0.46	44.2	2.6%	0	1.1	71	0
15	Jun_14_2007	39.23	46.18	47.88	47.89	47.98	48.34	48.79(1.01%)	UT	OpenLong	75	0.4	35	60	19	84	2.6	79%	0.49	39.5	2.6%	0	1.2	73	0

16	Jun_13_2007	39.04	45.96	47.71	47.47	47.46	48	48.3(1.3%)	UT	OpenLong	75	0.4	30	80	11	86	3.05	76%	0.46	33.9	2.6%	0	1.2	68	0
17	Jun_12_2007	38.86	45.75	47.4	47.36	47.27	47.63	47.68(-0.23%)	UD	OpenLong	75	0.2	23	50	2	86	3.52	76%	0.49	32.9	2.63%	0	1	67	0
18	Jun_11_2007	38.67	45.6	47.08	47.92	47.48	46.93	47.79(1.9%)	UD	OpenLong	65	-0.1	24	-110	-3	104	3.3	76%	0.47	43.7	2.64%	0	1.1	66	0
19	Jun_8_2007	38.49	45.49	46.71	47.82	47.92	46.9	46.9(0.43%)	UD	OpenLong	65	-0.5	7	-140	-23	98	3.37	77%	0.44	46	2.64%	0	0.8	65	0
20	Jun_7_2007	38.32	45.37	46.35	47.85	48.05	48.03	46.7(-2.16%)	UD	OpenLong	65	-0.6	12	10	-17	98	5.14	77%	0.45	45.1	2.65%	0	0.7	61	0

21	Jun_6_2007	38.15	45.29	46.08	47.93	47.98	48.93	47.73(-5.41%)	UD	OpenLong	75	-0.1	53	140	31	120	6.8	77%	0.5	46.3	2.63%	0	1.4	64	0
22	Jun_5_2007	37.96	45.11	45.68	47.38	47.48	48.07	50.46(6.66%)	UT	HoldLong	65	1.8	72	90	56	118	9.45	84%	0.34	35.5	2.52%	0	3.1	79	0
23	Jun_4_2007	37.83	44.78	44.99	46.13	46.3	47.04	47.31(0.57%)	UT	OpenLong	75	1	36	120	25	67	2.84	82%	0.48	16.1	2.4%	0	2.2	63	0
24	Jun_1_2007	37.65	44.66	44.61	45.44	45.59	46.89	47.04(-0.17%)	UD	OpenLong	75	1.6	52	210	53	47	3.72	80%	0.51	-13.2	2.42%	0	2.3	54	0
25	May_31_2007	37.46	44.56	44.31	44.65	44.73	45.57	47.12(4.73%)	UT	OpenLong	75	2.8	42	140	49	19	6.27	82%		-27.9	2.44%	0	2.9	62	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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