Trading Signals: CMI Stock Price Prediction and Forecast

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Thu. Sep. 4, 2008

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

(Cummins Inc.)
CMI latest price $58.1000 (-5.87%) ($57.7300 - $60.6600) on Thu. Sep. 4, 2008.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.38% (three month average)
RSI   22
Latest Price   $58.1000(-5.87%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMI declines -2.1% a day on average for past five trading days.
Weekly Trend   CMI declines -4.2% 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(71%)    EEM(67%)    EWG(67%)    VWO(67%)
Factors Impacting CMI price   CMI will decline at least -1.69% in a week (0% probabilities).
TLT(-32%)    SHY(-19%)    TIP(-11%)    GLD(6%)    LQD(11%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.69% (StdDev 3.38%)
Hourly BBV 0 ()
Intraday Trend -4.2%

1 - 5 Day Possible Target   $54.34(-6.47%)
Resistance Level   $66.81
5 Day Moving Average   $63.19(-8.06%)
10 Day Moving Average   $64.2(-9.5%)
20 Day Moving Average   $66.81(-13.04%)
To recent high   -21.3%
To recent low   0%
Market Cap   $8.576b

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 5.19% (three month std-dev: 3.38%) daily (68% of days).

Sample size 6 Average positive next day return: 4.11%(33%) Average negative next day return: -3%(67%) Sample size 6 Average positive next three day return: 3.04%(33%) Average negative next three day return: -5.21%(67%) Sample size 6 Average positive next weekly return: 6.71%(17%) Average negative next weekly return: -8.45%(83%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20081004

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	Sep_4_2008	66.7	66.81	64.2	63.19	63.3	60.96	58.1(-5.87%)	DT	HoldShort	-65	-1.5	-80	-250	-72	-103	3.6	46%	0.14	-35.1	3.38%	0	-2.5	22	0
2	Sep_3_2008	66.61	67.45	65.18	64.52	65.06	63.94	61.72(-2.97%)	DT	OpenShort	-75	-1	-47	-100	-36	-79	3	48%	0.21	-30.8	3.3%	0	-2	26	0
3	Sep_2_2008	66.47	67.78	65.7	65.09	65.53	65.65	63.61(-2.38%)	DT	OpenShort	-75	-0.6	-27	30	-12	-72	2.69	48%	0.53	-26.1	3.28%	0	-1.6	30	0
4	Aug_29_2008	66.12	67.94	66.22	65.56	65.5	66.18	65.16(-3.28%)	DT	HoldShort	-50	-0.2	-11	70	8	-69	1.51	48%	0.23	-19.9	3.25%	0	-1.2	28	0
5	Aug_28_2008	65.97	68.08	66.68	65.82	65.62	65.41	67.37(4.08%)	DP	OpenShort	-65	0.7	-6	-30	13	-64	1.88	52%	0.27	-14.1	3.23%	0	-0.3	44	0

6	Aug_27_2008	65.79	68.05	66.99	65.44	65.56	64.82	64.73(0.23%)	DP	OpenShort	-75	-0.3	-38	-70	-24	-79	2.18	50%	0.21	-16.7	3.25%	0	-1.4	42	0
7	Aug_26_2008	65.65	68.34	67.59	66	65.9	65.84	64.58(-2.08%)	DT	OpenShort	-75	-0.6	-27	-10	-14	-67	3.05	50%	0.2	-9.1	3.25%	0	-1.7	37	0
8	Aug_25_2008	65.52	68.45	68.2	66.4	66.3	66.3	65.95(-0.81%)	DT	OpenShort	-75	-0.2	-14	-0	-2	-50	1.89	50%	0.21	-11.9	3.26%	0	-1.1	48	0
9	Aug_22_2008	65.38	68.45	68.9	66.97	66.52	65.96	66.49(1.59%)	DP	OpenShort	-75	-0.2	-23	-80	-19	-33	1.91	50%	0.26	-14.9	3.27%	0	-0.9	54	0
10	Aug_21_2008	65.21	68.41	69.26	67.67	67.38	66.3	65.45(-3.05%)	DT	OpenShort	-75	-1	-30	-130	-32	-23	1.74	50%	0.23	-6.5	3.26%	0	-1.3	48	0

11	Aug_20_2008	65.06	68.44	69.62	68.78	68.47	67.07	67.51(1.34%)	DP	OpenShort	-75	-0.6	-28	-160	-36	-3	2.41	50%	0.28	3.1	3.24%	0	-0.4	55	0
12	Aug_19_2008	64.88	68.54	69.91	69.45	69.46	68.45	66.62(-3.15%)	N/A	N/A	0	-1.3	-25	-100	-36	7	2.29	49%	0.31	20.7	3.24%	0	-0.9	44	0
13	Aug_18_2008	64.68	68.72	70.08	70.23	70.18	69.88	68.79(-1.73%)	N/A	N/A	0	-0.6	-10	-30	-22	28	1.4	49%	0.34	44.9	3.25%	0	0	57	0
14	Aug_15_2008	64.46	68.74	69.87	71.11	70.75	70.46	70(-1.39%)	UD	OpenLong	65	-0.5	12	-40	-3	55	1.98	49%	0.34	59.7	3.24%	0	0.6	62	0
15	Aug_14_2008	64.24	68.56	69.66	71.07	71.03	70.49	70.99(0.2%)	UT	OpenLong	75	-0	15	-50	0	61	1.85	49%	0.33	60.6	3.24%	0	1.1	60	0

16	Aug_13_2008	64.03	68.37	69.21	70.58	70.57	71.04	70.85(0.48%)	UT	HoldLong	50	0.1	11	50	-4	56	2.38	51%	0.3	56.8	3.25%	0	1.1	61	0
17	Aug_12_2008	63.84	68.08	69.14	70.46	70.24	71.56	70.51(-3.7%)	UD	OpenLong	75	0	45	120	35	73	2.54	51%	0.31	53	3.28%	0	1	51	0
18	Aug_11_2008	63.64	67.74	68.7	69.89	69.43	70.11	73.22(4.94%)	UT	OpenLong	75	1.4	44	50	40	57	2.72	53%	0.14	43.8	3.25%	0	2.3	54	0
19	Aug_8_2008	63.55	67.41	67.8	68.48	68.46	68.92	69.77(1.78%)	UT	OpenLong	75	0.6	12	50	12	13	2.44	50%	0.35	38.9	3.21%	0	1.2	51	0
20	Aug_7_2008	63.33	67.21	67.42	68.05	67.85	68.76	68.55(-2.41%)	UD	OpenLong	75	0.3	17	90	20	9	2.55	50%	0.3	44.3	3.2%	0	0.7	55	0

21	Aug_6_2008	63.14	67.09	67.11	67.61	67.41	68	70.24(3.81%)	N/A	N/A	0	1.3	12	50	17	-4	2.81	50%	0.32	48.3	3.19%	0	1.6	55	0
22	Aug_5_2008	62.94	66.83	66.99	67.66	67.29	66.93	67.66(2.25%)	DP	OpenShort	-75	0	-5	-50	-6	-1	2.19	48%	0.32	52.9	3.17%	0	0.5	56	0
23	Aug_4_2008	62.74	66.73	67.19	67.33	68.43	66.82	66.17(-2.17%)	N/A	N/A	0	-0.6	-2	-120	-6	11	2.78	48%	0.27	47.4	3.16%	0	-0.3	57	0
24	Aug_1_2008	62.57	66.64	67.5	66.98	68.07	67.64	67.64(1.96%)	N/A	N/A	0	0.3	-23	0	-31	1	3.11	51%	0.27	40.6	3.16%	0	0.5	51	0
25	Jul_31_2008	62.4	66.36	67.38	66.66	67.69	70.04	66.34(-5.9%)	UD	OpenLong	75	-0.1	29	290	31	22	4.9	51%		22	3.18%	0	-0	52	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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