Trading Signals: CMI Stock Price Prediction and Forecast

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

Thu. Apr. 16, 2009

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

(Cummins Inc.)
CMI latest price $30.0400 (4.85%) ($28.4700 - $30.3600) on Thu. Apr. 16, 2009.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.69% (three month average)
RSI   60
Latest Price   $30.0400(4.85%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMI advances 2.3% a day on average for past five trading days.
Weekly Trend   CMI advances 6.6% 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)
IWM(68%)    SPY(68%)    EWG(63%)    EEM(61%)    PEJ(61%)
Factors Impacting CMI price   CMI will decline at least -2.845% in a week (0% probabilities).
TLT(-33%)    SHY(-12%)    TIP(-10%)    LQD(4%)    GLD(5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.845% (StdDev 5.69%)
Hourly BBV 0 ()
Intraday Trend 2.9%

5 Day Moving Average   $29.54(1.69%)
10 Day Moving Average   $28.96(3.73%)
20 Day Moving Average   $27.41(9.6%)
To recent high   -0.4%
To recent low   62.8%
Market Cap   $4.434b

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 7.33% (three month std-dev: 5.69%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -0.67%(100%) Sample size 1 Average positive next three day return: 0.56%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 3.67%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20090516

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	Apr_16_2009	25.05	27.41	28.96	29.54	29.26	29.07	30.04(4.85%)	UT	OpenLong	75	0.2	26	-70	10	73	2.49	58%	0.24	83.9	5.69%	0	1.3	60	NAN
2	Apr_15_2009	24.99	27.13	28.61	28.87	29.09	28.94	28.65(-0.56%)	UD	OpenLong	75	-0.1	16	-10	2	59	2.08	58%	0.2	80.7	5.66%	0	0.8	60	NAN
3	Apr_14_2009	24.94	26.87	28.32	28.56	28.67	29.45	28.81(-4.48%)	UD	OpenLong	75	0.1	14	200	2	50	2.5	58%	0.28	76.7	5.71%	0	0.9	59	NAN
4	Apr_13_2009	24.87	26.57	27.92	28.67	28.36	29.24	30.16(0.47%)	UT	OpenLong	75	0.7	22	180	13	49	2.3	58%	0.69	81.3	5.76%	0	1.6	58	NAN
5	Apr_9_2009	24.7	26.18	27.51	28.58	28.25	27.89	30.02(12.48%)	UT	OpenLong	75	0.6	18	-120	5	55	3.6	58%	0.45	86.9	5.8%	0	1.7	68	NAN

6	Apr_8_2009	24.59	25.82	27.18	28.36	28.41	27.48	26.69(-1.55%)	UD	OpenLong	65	-0.8	6	-220	-11	57	2.96	55%	0.24	95.6	5.62%	0	0.4	60	NAN
7	Apr_7_2009	24.53	25.61	27.11	28.29	28.73	28.62	27.11(-7.76%)	UD	OpenLong	75	-0.5	18	20	1	67	3.26	51%	0.29	90.5	5.66%	0	0.6	60	NAN
8	Apr_6_2009	24.46	25.34	27.04	27.96	28.13	29.34	29.39(-1.04%)	UD	OpenLong	75	0.5	37	320	22	80	3.63	53%	0.33	81.9	5.77%	0	1.5	70	NAN
9	Apr_3_2009	24.38	24.85	26.8	26.99	27.13	28.85	29.7(2.7%)	UT	OpenLong	75	1	44	460	32	81	4.27	53%	0.29	71.6	5.76%	0	1.8	72	NAN
10	Apr_2_2009	24.31	24.34	26.17	26.3	25.96	26.92	28.92(9.75%)	UT	OpenLong	75	1	32	220	21	66	5	56%	0.41	63.2	5.8%	0	1.8	71	NAN

11	Apr_1_2009	24.21	23.86	25.69	25.9	25.5	25.42	26.35(3.54%)	UT	OpenLong	75	0.2	18	-70	4	58	2.75	53%	0.21	61.8	5.79%	0	1	65	NAN
12	Mar_31_2009	24.16	23.63	25.51	25.8	25.74	25.01	25.45(3.75%)	UD	OpenLong	65	-0.1	9	-210	-8	61	3.05	53%	0.12	63	5.82%	0	0.7	65	NAN
13	Mar_30_2009	24.13	23.36	25.31	25.98	25.96	25.58	24.53(-6.52%)	UD	OpenLong	65	-0.6	5	-100	-17	72	2.35	53%	0	57.8	5.83%	0	0.4	66	NAN
14	Mar_27_2009	24.13	23.07	25.15	26.53	26.36	26.46	26.24(-2.56%)	UD	OpenLong	75	-0.1	35	10	9	114	2.26	56%	0.12	61	5.78%	0	1.2	78	NAN
15	Mar_26_2009	24.1	22.79	24.79	25.98	26.22	26.34	26.93(4.18%)	UT	HoldLong	65	0.4	38	60	11	117	3.62	56%	0	55.7	5.81%	0	1.6	82	NAN

16	Mar_25_2009	24.1	22.46	24.38	25.44	25.54	26.27	25.85(-1.9%)	UD	OpenLong	75	0.2	36	210	7	121	3.34	56%	-0.12	51.8	5.79%	0	1.4	79	NAN
17	Mar_24_2009	24.13	22.19	24.02	25.17	25.17	26.09	26.35(-3.41%)	UD	OpenLong	75	0.5	49	260	23	125	3.57	56%	0	48.2	5.83%	0	1.9	65	NAN
18	Mar_23_2009	24.13	21.94	23.52	24.55	24.47	24.81	27.28(16.18%)	UT	OpenLong	75	1.3	47	90	23	120	4.48	56%	0.04	43.6	5.81%	0	2.6	74	NAN
19	Mar_20_2009	24.12	21.57	22.74	23.6	23.68	24.25	23.48(-3.18%)	UD	OpenLong	75	-0.1	30	180	6	103	3.25	50%	-0.37	25.5	5.45%	0	1.2	72	NAN
20	Mar_19_2009	24.21	21.46	22.35	23.41	23.37	24.12	24.25(-0.94%)	UD	OpenLong	75	0.5	36	220	16	97	3.04	50%	-0.29	12.8	5.48%	0	1.8	61	NAN

21	Mar_18_2009	24.28	21.29	21.88	23.14	22.89	23.11	24.48(5.15%)	UT	OpenLong	75	0.9	31	30	13	84	3.93	50%	-0.25	-5.2	5.51%	0	2.2	63	NAN
22	Mar_17_2009	24.34	21.16	21.59	22.69	22.57	22.63	23.28(3.42%)	UT	OpenLong	75	0.5	25	0	7	78	3.12	50%	-0.16	-26.9	5.48%	0	1.6	61	NAN
23	Mar_16_2009	24.38	21.09	21.23	22.31	22.41	22.67	22.51(-0.04%)	UD	OpenLong	75	0.2	26	90	14	61	4.02	50%	-0.16	-55.2	5.47%	0	1.2	52	NAN
24	Mar_13_2009	24.42	21.16	20.84	21.73	21.94	22.51	22.52(-1.66%)	UD	OpenLong	75	0.6	23	210	19	36	3.67	50%	-0.29	-68.9	5.49%	0	1	58	NAN
25	Mar_12_2009	24.49	21.26	20.65	21.1	21.11	22.14	22.9(2.88%)	UT	OpenLong	75	1.1	22	340	23	17	2.98	50%		-75.3	5.53%	0	1	55	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.