Trading Signals: CMI Stock Price Prediction and Forecast

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

Thu. Nov. 4, 2010

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

(Cummins Inc.)
CMI latest price $95.6400 (4.56%) ($92.7800 - $95.7200) on Thu. Nov. 4, 2010.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.2% (three month average)
RSI   53
Latest Price   $95.6400(4.56%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMI advances 1.5% 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)
IWM(67%)    SPY(66%)    EWG(61%)    PEJ(60%)    EEM(58%)
Factors Impacting CMI price   CMI will decline at least -1.1% in a week (0% probabilities).
TLT(-32%)    TIP(-10%)    SHY(-9%)    GLD(1%)    IGOV(3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.1% (StdDev 2.2%)
Hourly BBV 0 ()
Intraday Trend 2.6%

5 Day Moving Average   $90.96(5.15%)
10 Day Moving Average   $91.02(5.08%)
20 Day Moving Average   $91.75(4.24%)
To recent high   0%
To recent low   31.8%
Market Cap   $14.116b

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 2.29% (three month std-dev: 2.2%) daily (68% of days).

Sample size 2 Average positive next day return: 0.45%(50%) Average negative next day return: -0.45%(50%) Sample size 2 Average positive next three day return: 1.79%(100%) Average negative next three day return: %(0%) Sample size 2 Average positive next weekly return: 5.06%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20101204

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	Nov_4_2010	81.42	91.75	91.02	90.96	90.96	92.72	95.64(4.56%)	UT	OpenLong	75	2.2	64	140	80	16	2.94	63%	0.26	-10.5	2.2%	0	1.9	53	0
2	Nov_3_2010	81.21	91.56	90.75	89.63	89.57	90.61	91.47(0.11%)	N/A	N/A	0	0.9	27	80	43	-22	1.89	60%	0.21	-26.3	2.15%	0	-0	43	0
3	Nov_2_2010	81.04	91.64	90.79	89.19	89.15	89.19	91.37(3.59%)	N/A	N/A	0	1.1	7	0	23	-41	3.4	60%	0.24	-28.6	2.16%	0	-0.1	46	0
4	Nov_1_2010	80.85	91.68	90.67	88.71	88.94	88.53	88.2(0.11%)	DP	OpenShort	-75	-0.3	-40	-20	-28	-76	2.82	58%	0.2	-31.7	2.13%	0	-1.7	40	0
5	Oct_29_2010	80.69	91.79	91.01	89.97	89.05	89.11	88.1(-1.02%)	DT	OpenShort	-75	-1	-45	-30	-38	-65	2.84	58%	0.22	-15.3	2.13%	0	-2	37	0

6	Oct_28_2010	80.51	91.97	91.57	91.08	90.58	89.34	89.01(-0.28%)	DT	OpenShort	-75	-1.2	-21	-110	-16	-37	3.12	58%	0.29	2.2	2.13%	0	-1.8	40	0
7	Oct_27_2010	80.28	92.08	92.06	92.03	91.62	89	89.26(0.29%)	DP	OpenShort	-75	-1.8	-75	-210	-85	-44	4.04	58%	0.3	26.2	2.13%	0	-1.8	43	0
8	Oct_26_2010	80.04	92.2	92.44	92.58	92.56	91.83	89(-5.81%)	DT	OpenShort	-75	-2.5	-59	-60	-69	-30	10.46	58%	0.34	48.4	2.14%	0	-2.2	39	0
9	Oct_25_2010	79.77	92.32	92.81	92.82	93.25	94.25	94.49(0.92%)	UT	OpenLong	75	1.2	42	90	49	21	2.03	65%	0.35	61.6	2.01%	0	1.6	58	0
10	Oct_22_2010	79.49	92.08	92.65	92.82	92.04	93.29	93.63(-0.13%)	UD	OpenLong	75	1.1	26	90	30	12	1.33	67%	0.29	58.5	2.01%	0	1.2	65	0

11	Oct_21_2010	79.26	91.94	92.56	92.82	91.74	92.26	93.75(1.85%)	UT	OpenLong	75	1.1	29	30	33	18	2.59	67%	0.32	70.6	2.05%	0	1.2	58	0
12	Oct_20_2010	79.01	91.67	92.4	92.19	91.95	90.8	92.05(2.08%)	N/A	N/A	0	-0.1	-15	-100	-20	2	1.58	67%	0.33	80	2.05%	0	0.2	56	0
13	Oct_19_2010	78.75	91.5	92.52	92.35	92.47	91.22	90.17(-1.29%)	DT	OpenShort	-75	-1.3	-47	-90	-61	-6	2.49	66%	0.14	94.4	2.06%	0	-0.8	48	0
14	Oct_18_2010	78.64	91.47	92.76	92.77	93.21	93.09	91.35(-2.45%)	N/A	N/A	0	-0.8	-9	10	-19	23	2.87	66%	0.31	105.2	2.05%	0	-0.1	53	0
15	Oct_15_2010	78.4	91.32	92.64	93.11	93.17	93.73	93.64(-0.13%)	UD	OpenLong	75	0.2	20	40	13	42	1.86	64%	0.32	97.5	2.11%	0	1.1	67	0

16	Oct_14_2010	78.15	90.91	92.4	92.96	93.02	93.33	93.76(1.01%)	UT	OpenLong	75	0.3	29	30	23	45	1.9	64%	0.36	89.6	2.14%	0	1.1	60	0
17	Oct_13_2010	77.87	90.45	92.09	92.67	92.78	92.6	92.82(0.61%)	UT	HoldLong	50	0.1	8	-10	-2	37	1.7	66%	0.37	81.9	2.14%	0	0.8	66	0
18	Oct_12_2010	77.58	89.99	91.93	92.75	92.68	92.71	92.26(-0.86%)	UD	OpenLong	65	-0.2	6	0	-7	44	1.77	66%	0.36	82.7	2.19%	0	0.8	64	0
19	Oct_11_2010	77.3	89.64	91.81	92.74	92.82	92.95	93.06(0.16%)	UT	OpenLong	75	0.1	29	10	18	60	1.07	66%	0.36	87.1	2.2%	0	1.1	63	0
20	Oct_8_2010	77.02	89.23	91.47	92.07	92.46	92.66	92.91(0.68%)	UT	OpenLong	75	0.3	20	30	10	51	1.81	69%	0.39	77.9	2.23%	0	1.1	66	0

21	Oct_7_2010	76.72	88.7	91.25	91.75	91.89	92.69	92.28(-1.01%)	UD	OpenLong	75	0.2	30	70	18	65	2.56	71%	0.31	71.5	2.25%	0	1	72	0
22	Oct_6_2010	76.48	88.17	90.87	91.41	91.48	92.27	93.22(1.06%)	UT	HoldLong	65	0.5	44	60	33	76	1.87	71%	0.31	69.4	2.34%	0	1.4	77	0
23	Oct_5_2010	76.24	87.61	90.38	91.02	91.14	91.08	92.24(2.84%)	UT	HoldLong	65	0.3	29	-0	13	76	2.48	71%	0.28	76.2	2.35%	0	1.3	77	0
24	Oct_4_2010	76.03	87.05	90.06	90.77	90.96	90.69	89.69(-1.77%)	UD	OpenLong	65	-0.3	12	-10	-10	76	3.09	70%	0.25	86.4	2.35%	0	0.7	65	0
25	Oct_1_2010	75.84	86.72	89.91	90.75	90.89	91.2	91.31(0.81%)	UT	OpenLong	75	0.2	25	30	3	92	2.54	70%		95.9	2.34%	0	1.3	71	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

Click to see actual return for next trading day.