Stock Technical indicators to notice in COMMERCIAL METALS (CMS.F)
1- Last bearish trend was from 14.40 $ (2/19/2014) to 13.34 $ (2/26/2014) a 1.06 $ move 2- The current bullish trend started from 13.34 $ at 2/26/2014 and is currently trading at 13.95 $.
4- CMS.F current resistance level is at 14.00 which is the 61.80 % fibonacci retracement of the last 1.06 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
COMMERCIAL METALS (CMS.F) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 13.340 .
7- The Stock formed a 1.730 $ height triangle.
COMMERCIAL METALS (CMS.F) Mid term stock chart patterns for internet stock trading :
8- The Stock formed a 4.250 $ height triangle which was broken down at 13.560, target of the pattern is 9.310.
COMMERCIAL METALS (CMS.F) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
COMMERCIAL METALS (CMS.F) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 14.00, 14.06, 14.40, 14.69, 15.06.
Stock Support levels : 13.87, 13.81, 13.74, 13.72, 13.65, 13.59, 13.57, 13.34, 13.33,.
Related Stocks
COMVERSE TECH |
CHINA COMM SRVCS-H |
EMPORI BK OF GREECE |
ZIX |
CAMTEK |