Trading Signals: CMI Stock Price Prediction and Forecast

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

Wed. May. 7, 2008

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

(Cummins Inc.)
CMI latest price $68.0600 (-1.97%) ($67.6200 - $70.5000) on Wed. May. 7, 2008.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.34% (three month average)
RSI   89
Latest Price   $68.0600(-1.97%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CMI advances 1.6% a day on average for past five trading days.
Weekly Trend   CMI advances 13% 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)
SPY(72%)    IWM(70%)    EEM(67%)    EWG(66%)    VWO(66%)
Factors Impacting CMI price   CMI will decline at least -1.67% in a week (0% probabilities).
TLT(-32%)    SHY(-20%)    TIP(-13%)    GLD(5%)    LQD(10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.67% (StdDev 3.34%)
Hourly BBV 0 ()
Intraday Trend -2.4%

5 Day Moving Average   $67.63(0.64%)
10 Day Moving Average   $63.02(8%)
20 Day Moving Average   $57.3(18.78%)
To recent high   -2%
To recent low   48.6%
Market Cap   $10.046b

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 12.67% (three month std-dev: 3.34%) daily (68% of days).

Sample size 3 Average positive next day return: 3.02%(100%) Average negative next day return: 0%(0%) Sample size 3 Average positive next three day return: 3.56%(67%) Average negative next three day return: 0%(33%) Sample size 3 Average positive next weekly return: 1.9%(33%) Average negative next weekly return: -1.43%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20080607

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	May_7_2008	52.62	57.3	63.02	67.63	67.82	68.83	68.06(-1.97%)	UD	OpenLong	75	0.1	89	110	36	247	4.36	67%	0.19	66.5	3.34%	0	1.5	89	0
2	May_6_2008	52.52	56.34	61.66	66.55	66.58	67.85	69.43(2.37%)	UT	HoldLong	65	0.4	108	130	56	262	5.1	67%	0.23	65.4	3.33%	0	1.9	92	0
3	May_5_2008	52.4	55.38	60.09	64.16	64.59	66.81	67.82(1.03%)	UT	HoldLong	65	0.6	109	260	62	249	3.76	64%	0.13	62.3	3.33%	0	2	92	0
4	May_2_2008	52.33	54.51	58.71	62.2	62.32	65.31	67.13(2.18%)	UT	HoldLong	65	0.9	122	340	82	242	4.41	66%	0.11	64.2	3.45%	0	2.3	92	0
5	May_1_2008	52.27	53.67	57.44	59.98	60.28	62.36	65.7(4.87%)	UT	HoldLong	65	1.2	120	260	84	229	5.38	66%	0.06	65.4	3.48%	0	2.6	88	0

6	Apr_30_2008	52.24	52.85	55.78	57.75	58.13	59.33	62.65(8.98%)	UT	OpenLong	75	1.3	80	160	48	177	8.95	65%	0.08	66.7	3.43%	0	2.6	75	0
7	Apr_29_2008	52.2	52.19	54.42	56.09	56.53	58.2	57.49(-0.91%)	UD	OpenLong	75	0.4	65	230	36	151	3.37	58%	-0.1	66.7	3.26%	0	1.7	72	0
8	Apr_28_2008	52.25	51.77	53.45	55.39	55.61	56.94	58.02(3.5%)	UT	OpenLong	75	0.9	70	180	49	132	4.04	58%	-0.08	58.2	3.31%	0	2	66	0
9	Apr_25_2008	52.29	51.2	52.4	54.67	54.51	54.87	56.06(2.79%)	UT	OpenLong	75	0.5	33	40	13	93	2.55	59%	-0.15	49.7	3.3%	0	1.8	62	0
10	Apr_24_2008	52.37	50.76	51.61	54.5	54.29	54.29	54.54(0.39%)	UT	OpenLong	75	0	32	-10	16	80	1.88	59%	-0.13	49	3.37%	0	1.5	58	0

11	Apr_23_2008	52.44	50.42	51.17	53.46	54.05	54.16	54.33(0.61%)	UT	OpenLong	75	0.4	32	50	21	63	2.14	62%	-0.1	37.8	3.37%	0	1.6	61	0
12	Apr_22_2008	52.49	50.18	50.66	52.44	52.8	54.3	54(-0.74%)	UD	OpenLong	75	0.7	34	220	31	44	2.9	62%	-0.1	24.9	3.46%	0	1.7	60	0
13	Apr_21_2008	52.54	50.06	50.34	51.16	51.47	53.95	54.4(-1.5%)	UD	OpenLong	75	1.5	63	360	70	41	3.79	62%	-0.08	18.4	3.46%	0	2	64	0
14	Apr_18_2008	52.58	49.86	49.98	49.77	49.7	51.29	55.23(11.94%)	UT	OpenLong	75	2.8	53	220	62	25	6.56	62%	-0.06	4.3	3.47%	0	2.7	72	0
15	Apr_17_2008	52.61	49.86	49.55	48.36	48.34	49	49.34(0.26%)	N/A	N/A	0	0.6	6	90	12	-11	1.69	53%	-0.15	-25.6	3.15%	0	-0.1	59	0

16	Apr_16_2008	52.69	49.52	49.64	48.6	48.25	48.1	49.21(3.36%)	N/A	N/A	0	0.4	2	-40	3	-1	3.46	51%	-0.09	-25.2	3.26%	0	-0.2	57	0
17	Apr_15_2008	52.74	49.62	49.76	48.65	48.53	47.68	47.61(0.32%)	DP	OpenShort	-75	-0.7	-22	-130	-26	-10	2.78	46%	-0.11	-18.9	3.27%	0	-1.3	43	0
18	Apr_14_2008	52.8	49.66	49.76	49.37	49.26	48.39	47.46(-1.54%)	DT	OpenShort	-75	-1.2	-25	-130	-31	-6	2.13	48%	-0.11	0.3	3.4%	0	-1.4	37	0
19	Apr_11_2008	52.86	49.77	49.97	50.17	50.03	49.39	48.2(-4.57%)	DT	OpenShort	-75	-1.3	-19	-100	-25	-1	2.33	46%	-0.08	25.4	3.44%	0	-1.1	42	0
20	Apr_10_2008	52.9	49.92	49.95	50.87	50.77	50.14	50.51(2.12%)	N/A	N/A	0	-0.2	-4	-90	-10	13	1.49	47%	-0.08	48.6	3.47%	0	0.4	55	0

21	Apr_9_2008	52.94	49.91	49.7	50.84	51.1	50.68	49.46(-3.46%)	N/A	N/A	0	-1	-7	-40	-12	8	1.83	45%	-0.09	51.5	3.47%	0	-0.3	52	0
22	Apr_8_2008	52.99	49.92	49.76	51.02	51.04	51.41	51.23(-0.45%)	UD	OpenLong	75	0.1	8	50	5	15	1.26	44%	-0.02	57.9	3.49%	0	0.9	49	0
23	Apr_7_2008	53	49.66	49.8	50.66	50.79	51.52	51.46(-0.41%)	UD	OpenLong	75	0.5	30	110	30	30	1.28	44%	-0.11	30.4	3.54%	0	1.1	59	0
24	Apr_4_2008	53.06	49.4	49.73	49.73	49.91	50.68	51.67(2.6%)	UT	OpenLong	75	1.1	25	120	27	17	2.67	42%	-0.08	3.1	3.56%	0	1.3	56	0
25	Apr_3_2008	53.1	49.22	49.45	48.9	48.83	50.06	50.36(-0.04%)	N/A	N/A	0	0.9	16	170	23	-6	1.67	42%		-22.2	3.62%	0	0.7	48	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.