Trading Signals: CMI Stock Price Prediction and Forecast

^ CMI: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Mon. Jun. 16, 2008

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

(Cummins Inc.)
CMI latest price $73.8700 (2.04%) ($72.4000 - $75.0900) on Mon. Jun. 16, 2008.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.31% (three month average)
RSI   63
Latest Price   $73.8700(2.04%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMI advances 2.5% a day on average for past five trading days.
Weekly Trend   CMI declines -0.6% 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(72%)    IWM(70%)    EEM(67%)    EWG(66%)    VWO(66%)
Factors Impacting CMI price   CMI will decline at least -1.655% in a week (0% probabilities).
TLT(-32%)    SHY(-20%)    TIP(-12%)    GLD(5%)    LQD(10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.655% (StdDev 3.31%)
Hourly BBV 0 ()
Intraday Trend 2%

5 Day Moving Average   $68.85(7.29%)
10 Day Moving Average   $68.81(7.35%)
20 Day Moving Average   $69.2(6.75%)
To recent high   0%
To recent low   57.8%
Market Cap   $10.903b

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 3.51% (three month std-dev: 3.31%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20080716

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	Jun_16_2008	56.78	69.2	68.81	68.85	69.66	72.62	73.87(2.04%)	UT	OpenLong	75	2.1	52	330	65	14	3.64	72%	0.44	-24.5	3.31%	0	1.9	63	NAN
2	Jun_13_2008	56.53	69.2	68.42	67.2	67.65	70.5	72.39(4.34%)	UT	OpenLong	75	2.2	59	310	78	2	5.46	72%	0.48	-33.2	3.35%	0	1.4	60	NAN
3	Jun_12_2008	56.26	69.12	68.15	66.14	66.31	66.69	69.38(9.9%)	N/A	N/A	0	1.3	15	50	30	-31	7.55	71%	0.43	-35.2	3.31%	0	0.1	51	NAN
4	Jun_11_2008	56.02	69.24	68.17	66.26	66.06	64.81	63.13(-3.62%)	DT	OpenShort	-75	-1.2	-50	-140	-46	-62	2.56	70%	0.38	-26.4	3.1%	0	-2.4	32	NAN
5	Jun_10_2008	55.81	69.64	68.99	67.69	67.53	65.92	65.5(-0.14%)	DT	OpenShort	-75	-1.1	-40	-170	-42	-35	2.01	73%	0.18	-10.4	3.21%	0	-2	36	NAN

6	Jun_9_2008	55.71	69.8	69.25	68.7	68.75	67.32	65.59(-2.22%)	DT	OpenShort	-75	-1.7	-44	-140	-48	-30	3.98	73%	0.43	3.7	3.21%	0	-2.2	33	NAN
7	Jun_6_2008	55.47	69.91	69.54	69.74	69.81	69.15	67.08(-4.14%)	DT	OpenShort	-75	-1.5	-24	-60	-26	-19	3.02	70%	0.43	20.5	3.25%	0	-1.6	30	NAN
8	Jun_5_2008	55.23	69.99	69.79	70.4	70.3	70.19	69.98(-0.44%)	DT	OpenShort	-75	-0.3	-6	-20	-4	-10	1.87	73%	0.45	39.7	3.22%	0	-0	36	NAN
9	Jun_4_2008	54.98	69.9	69.73	70.38	70.31	70.47	70.29(-0.4%)	DT	OpenShort	-75	-0.1	-4	10	0	-15	1.7	70%	0.42	52.8	3.22%	0	0.2	43	NAN
10	Jun_3_2008	54.75	69.86	69.67	70.5	70.27	70.41	70.57(-0.27%)	N/A	N/A	0	0	6	0	12	-11	3.03	70%	0.37	87.8	3.27%	0	0.4	50	NAN

11	Jun_2_2008	54.55	69.73	69.66	69.9	69.99	70.14	70.76(0.48%)	N/A	N/A	0	0.5	6	20	12	-14	2.13	70%	0.39	102.4	3.27%	0	0.6	60	NAN
12	May_30_2008	54.34	69.56	69.85	69.32	69.26	70.13	70.42(0.82%)	N/A	N/A	0	0.6	6	90	11	-8	2.07	70%	0.35	119.4	3.29%	0	0.5	62	NAN
13	May_29_2008	54.15	69.33	70.1	69.1	68.77	69.83	69.85(-1.48%)	UD	OpenLong	75	0.4	21	90	26	6	1.62	67%	0.33	134.4	3.32%	0	0.3	56	NAN
14	May_28_2008	53.97	69.01	70.3	68.99	68.46	68.38	70.9(4.96%)	UT	OpenLong	75	0.8	9	-30	10	7	2.67	67%	0.32	125.8	3.37%	0	0.8	60	NAN
15	May_27_2008	53.8	68.38	70.27	68.77	68.62	67.71	67.55(-0.46%)	DT	OpenShort	-75	-0.4	-20	-100	-24	-6	2.54	65%	0.09	93.5	3.33%	0	-0.2	46	NAN

16	May_23_2008	53.75	67.97	70.37	69.4	69.34	68.54	67.86(-2.15%)	N/A	N/A	0	-0.3	-25	-80	-33	0	2.32	65%	0.09	77.2	3.28%	0	-0	53	NAN
17	May_22_2008	53.7	67.44	70.35	70.46	70.32	69.53	69.35(0.1%)	N/A	N/A	0	-0.2	-14	-80	-25	19	1.92	65%	0.15	74.7	3.29%	0	0.4	60	NAN
18	May_21_2008	53.62	66.75	70.26	71.25	71.34	70.14	69.28(-0.74%)	N/A	N/A	0	-0.3	-9	-110	-24	38	3.51	65%	0.3	77.4	3.3%	0	0.4	64	NAN
19	May_20_2008	53.46	66.05	70.17	71.79	71.87	71.1	69.8(-1.31%)	N/A	N/A	0	-0.3	-5	-70	-26	60	3.91	65%	0.11	79.7	3.31%	0	0.6	72	NAN
20	May_19_2008	53.4	65.3	70.14	71.97	72.21	72.54	70.73(-3.31%)	UD	OpenLong	75	-0.2	34	40	9	109	3.47	65%	0.13	82.9	3.3%	0	0.8	82	NAN

21	May_16_2008	53.33	64.5	69.87	71.42	71.54	72.65	73.15(-0.16%)	UD	OpenLong	75	0.3	62	110	36	141	3.18	67%	0.17	85.5	3.27%	0	1.3	86	NAN
22	May_15_2008	53.24	63.6	69.25	70.19	70.12	71.88	73.27(1.79%)	UT	HoldLong	65	0.4	71	170	43	156	2.22	67%	0.17	82.5	3.3%	0	1.4	88	NAN
23	May_14_2008	53.15	62.42	68.48	69.16	68.81	70.43	71.98(1.81%)	UT	HoldLong	65	0.4	79	150	46	176	3.93	67%	0.38	76.7	3.3%	0	1.3	89	NAN
24	May_13_2008	52.95	61.29	67.56	68.37	67.97	68.37	70.7(3.96%)	UT	HoldLong	65	0.3	61	20	21	182	3.76	69%	0.13	72.4	3.31%	0	1.3	88	NAN
25	May_12_2008	52.88	60.15	66.29	68.12	67.87	67.19	68.01(1.54%)	UD	OpenLong	65	-0	40	-80	-8	183	3.47	67%		68.9	3.32%	0	1	87	NAN
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

Click to see actual return for next trading day.