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(CumminsI) Cummins I complete technical analysis [charts+indicators] | Buy/Sell Cummins I | (CumminsI) share price targets

Complete technical analysis of Cummins I (CumminsI) by charts plus indicators, forecast predictions and share price targets for Cummins I (CumminsI)

Showing technical analysis as on 2024-08-06 View latest technical analysis

10 day averaged volume of Cummins I is 23399

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	3520.00	3510.00	3593.80	3501.75	3.973 times
05 Mon Aug 2024	3497.65	3450.00	3524.45	3363.50	1.071 times
02 Fri Aug 2024	3507.15	3752.00	3752.00	3472.00	3.559 times
01 Thu Aug 2024	3813.60	3839.35	3862.60	3787.85	0.493 times
31 Wed Jul 2024	3852.65	3808.20	3866.00	3801.80	0.643 times
30 Tue Jul 2024	3808.10	3785.00	3831.95	3759.40	0.572 times
29 Mon Jul 2024	3778.20	3749.90	3804.00	3698.40	0.207 times
26 Fri Jul 2024	3711.10	3639.90	3744.55	3632.00	0.329 times
25 Thu Jul 2024	3607.95	3488.65	3648.95	3454.80	1.402 times
24 Wed Jul 2024	3542.90	3577.00	3605.55	3500.00	0.469 times

Stock of Cummins I (CumminsI) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3570, but if it comes above 3570, then a intra day buy could be more profitable.
If you take a sell trade below 3570, then use 3570 as stoploss and 3359.4 as target. However if you take a buy trade in stock , then use 3570 as stoploss and 3745.54 as target.

Share price targets for Cummins I (CumminsI)

Target Type	Value
Downside Target	2924.50
Downside Target	3100.40
Downside Target	3211.90
Downside Target	3338.25
Upside Target	3550.00
Upside Target	3744.55
Upside Target	3862.60
Upside Target	3899.95
Upside Target	3924.70
Upside Target	3981.05
Upside Target	4163.95
Upside Target	4169.50

Intraday share price targets for Cummins I (CumminsI)

Target Type	Value
Downside Intraday Target	3391.07
Downside Intraday Target	3262.13
Upside Intraday Target	3621.37
Upside Intraday Target	3722.73
Downside Intraday Target	3492.43

Weekly technical analysis of Cummins I (CumminsI)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	3520.00	3450.00	3593.80	3363.50	0.921 times
02 Fri Aug 2024	3507.15	3749.90	3866.00	3472.00	1.418 times
26 Fri Jul 2024	3711.10	3539.40	3744.55	3408.90	1.818 times
19 Fri Jul 2024	3557.95	3950.50	3981.05	3550.00	0.442 times
12 Fri Jul 2024	3954.75	4163.95	4163.95	3924.70	2.042 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Cummins I (CumminsI)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	3520.00	3839.35	3862.60	3363.50	0.625 times
31 Wed Jul 2024	3852.65	3966.00	4163.95	3408.90	0.883 times
28 Fri Jun 2024	3965.75	3679.90	4169.50	3100.40	0.892 times
31 Fri May 2024	3552.70	3277.30	3899.95	3211.90	2.519 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Cummins I (CumminsI)

Price action analysis of Cummins I ( (CumminsI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Cummins I ( (CumminsI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Cummins I ( (CumminsI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Cummins I stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Cummins I in short term and the sell signal is strong.

Cummins I Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Cummins I in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Cummins I is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3575.37 and Cummins I (CumminsI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Cummins I (CumminsI) stock. Volume based technical analysis of Cummins I (CumminsI) stock is negative.

Cummins I Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.