Trading Signals: CMI Stock Price Prediction and Forecast

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Thu. Jan. 8, 2009

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

(Cummins Inc.)
CMI latest price $29.5800 (5.87%) ($27.1300 - $29.8300) on Thu. Jan. 8, 2009.

Trend Analysis and Forecast

Average Daily Percentage Swing   7.82% (three month average)
RSI   61
Latest Price   $29.5800(5.87%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMI advances 2% a day on average for past five trading days.
Weekly Trend   CMI advances 8.7% 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)
IWM(70%)    SPY(70%)    EEM(65%)    EWG(64%)    PEJ(63%)
Factors Impacting CMI price   CMI will decline at least -3.91% in a week (0% probabilities).
TLT(-32%)    SHY(-14%)    TIP(-11%)    GLD(3%)    LQD(5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.91% (StdDev 7.82%)
Hourly BBV 0 ()
Intraday Trend 6.8%

5 Day Moving Average   $29.68(-0.34%)
10 Day Moving Average   $27.63(7.06%)
20 Day Moving Average   $26.52(11.54%)
To recent high   -24.3%
To recent low   66.4%
Market Cap   $4.366b

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 8.07% (three month std-dev: 7.82%) 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

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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	Jan_8_2009	36.13	26.52	27.63	29.68	29.46	28.88	29.58(5.87%)	UD	OpenLong	65	-0	16	-160	-1	66	5.11	45%	-1.07	67.4	7.82%	0	1.4	61	NAN
2	Jan_7_2009	36.52	26.37	27.16	29.11	29.31	29.92	27.94(-11.61%)	UD	OpenLong	75	-0.6	20	170	6	60	5.05	45%	-1.08	72.4	7.79%	0	0.8	60	NAN
3	Jan_6_2009	36.92	26.23	26.86	28.63	28.57	30.04	31.61(5.3%)	UT	HoldLong	65	1.5	37	350	28	65	5.42	47%	-1.02	73.5	7.66%	0	2.7	76	NAN
4	Jan_5_2009	37.3	25.79	26.29	27.16	27.16	28.71	30.02(2.67%)	UT	OpenLong	75	1.9	30	400	25	44	4.44	47%	-1.09	59.8	7.64%	0	2.8	68	NAN
5	Jan_2_2009	37.71	25.41	25.79	26.18	25.91	27.1	29.24(9.39%)	UT	OpenLong	75	2.4	23	290	21	27	2.92	45%	-2	41.1	7.64%	0	3	66	NAN

6	Dec_31_2008	38.48	25.15	25.42	25.33	25.18	25.62	26.73(4.7%)	UT	OpenLong	75	1.3	10	100	11	6	2.22	43%	-1.16	30.4	7.65%	0	1.4	49	NAN
7	Dec_30_2008	38.93	24.99	25.27	24.95	25.18	24.72	25.53(5.19%)	DP	OpenShort	-65	0.5	-1	-40	1	-8	2.03	44%	-1.22	24.8	7.63%	0	0.5	44	NAN
8	Dec_29_2008	39.41	24.85	25.13	24.81	24.82	24.73	24.27(-3.38%)	DT	OpenShort	-75	-0.4	-10	-20	-7	-17	1.69	43%	-1.18	26.9	7.62%	0	-0.5	48	NAN
9	Dec_26_2008	39.88	24.91	25.21	25.26	25.1	24.92	25.12(0.52%)	DP	OpenShort	-75	-0.1	-2	-70	-1	-3	0.92	42%	-1.82	68	7.7%	0	0.2	61	NAN
10	Dec_24_2008	40.62	24.88	25.19	25.31	25.36	24.91	24.99(0.6%)	N/A	N/A	0	-0.3	-4	-120	-6	3	0.63	40%	-1.05	89.6	7.72%	0	0.1	63	NAN

11	Dec_23_2008	41.05	24.82	25.36	25.52	25.67	25.27	24.84(-0.04%)	N/A	N/A	0	-0.5	-1	-90	-5	13	2.31	40%	-1.01	103.6	7.76%	0	0	53	NAN
12	Dec_22_2008	41.47	24.72	25.55	25.63	25.79	25.82	24.85(-6.26%)	UD	OpenLong	75	-0.6	8	30	1	28	2.74	40%	-1.03	106.8	7.76%	0	0.1	57	NAN
13	Dec_19_2008	41.9	24.52	25.6	25.47	25.57	26.07	26.51(4.53%)	UT	OpenLong	75	0.6	14	150	7	36	4.42	41%	-0.95	84.3	7.73%	0	1.2	65	NAN
14	Dec_18_2008	42.3	24.11	25.28	25.14	25.2	25.76	25.36(-2.65%)	UD	OpenLong	75	0.1	11	160	7	24	4.15	41%	-1.08	49.4	7.78%	0	0.6	50	NAN
15	Dec_17_2008	42.76	23.84	25.02	25.05	24.73	25.07	26.05(2.6%)	UT	OpenLong	75	0.4	5	60	1	15	3.1	40%	-0.93	44.6	7.79%	0	1	55	NAN

16	Dec_16_2008	43.16	23.59	24.87	25.21	24.71	24.63	25.39(5.66%)	UT	HoldLong	50	0.1	2	-80	-4	19	4.93	41%	-0.92	45.3	7.81%	0	0.8	57	NAN
17	Dec_15_2008	43.56	23.35	24.68	25.5	25.27	24.39	24.03(-3.38%)	UD	OpenLong	65	-0.6	2	-270	-6	27	2.92	40%	-0.95	45.1	7.81%	0	0.3	57	NAN
18	Dec_12_2008	43.98	23.24	24.55	25.74	25.61	24.79	24.87(-0.2%)	UD	OpenLong	65	-0.4	5	-240	-6	38	3.51	40%	-0.92	41.9	7.84%	0	0.7	65	NAN
19	Dec_11_2008	44.39	23.11	24.61	25.4	25.76	26.16	24.92(-7.12%)	UD	OpenLong	75	-0.2	20	150	6	61	5.9	40%	-1	37.7	7.85%	0	0.8	72	NAN
20	Dec_10_2008	44.84	22.86	24.57	24.92	25	26.44	26.83(-0.15%)	UD	OpenLong	75	0.8	30	410	15	73	3.63	42%	-0.97	17.3	7.82%	0	1.7	68	NAN

21	Dec_9_2008	45.28	22.6	24.23	24.47	24.08	25.36	26.87(6.67%)	UT	OpenLong	75	1.1	35	320	21	77	5.3	40%	-0.94	-1.7	7.86%	0	2	63	NAN
22	Dec_8_2008	45.71	22.35	23.78	23.78	23.49	23.57	25.19(8.62%)	UT	OpenLong	75	0.7	26	-10	12	68	4.17	40%	-0.91	-20.7	7.91%	0	1.5	62	NAN
23	Dec_5_2008	46.13	22.29	23.33	23.24	23.1	22.8	23.19(3.02%)	UD	OpenLong	65	-0	5	-110	-10	48	3.26	39%	-0.94	-32.5	7.82%	0	0.5	56	NAN
24	Dec_4_2008	46.57	22.27	22.84	23.72	23.41	22.8	22.51(-8.38%)	UD	OpenLong	65	-0.6	7	-40	-6	46	3.95	38%	-0.91	-45.3	7.82%	0	0.1	52	NAN
25	Dec_3_2008	47	22.46	22.59	24.13	23.85	23.4	24.57(4.82%)	UT	OpenLong	75	0.2	16	-170	2	59	4.77	39%		-44.1	7.79%	0	1	63	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

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