CMI technical analysis

CMI Technical Analysis

Analysis date

July 14, 2026

Market

NYSE (USD)

Daily cutoff

July 13, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

CMI Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
CMI
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 13, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)664.39July 13, 2026-Verified
Finviz (independent)664.39July 13, 2026 (previous close)0.00%Verified

Bottom line

CMI Technical Analysis Summary

CMI presents a mixed daily but bullish weekly technical picture. The daily chart shows price below SMA20 (688.79) and SMA50 (678.06) with RSI at 46.53 and a bearish MACD histogram (-4.33), indicating short-term weakness. The weekly chart confirms a long-term uptrend with price above SMA20 (630.00), SMA50 (538.96), and SMA200 (333.59), though the weekly MACD histogram has turned negative (-3.85), suggesting momentum may be fading. Key support is at the 20-day low (643.59) and 60-day low (584.77). Resistance is at SMA20 (688.79) and the 20-day high (737.76). A sustained close above SMA20 would signal a potential reversal; losing 643.59 could accelerate selling toward 584.77.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 13, 2026)

Trend
Mixed to bearish. Price at 664.39 is below SMA20 (688.79) and SMA50 (678.06) but above SMA200 (561.07). The SMA20 is converging toward SMA50, suggesting weakening short-term momentum. The SMA200 remains upward sloping at 561.07, confirming the long-term uptrend is intact. This configuration reflects a pullback within a larger bullish structure.
Momentum
Bearish. RSI14 at 46.53 is below the 50 midline, indicating bearish momentum. MACD at -1.13 is below the signal line at 3.20 with a negative histogram of -4.33. The widening negative MACD histogram suggests accelerating downside pressure in the near term.
Volatility
Moderate. ATR14 at 25.23 (3.80% of price) reflects typical daily swings. Bollinger Bands (645.57 to 732.02) are moderately wide with price below the middle band at 688.79 and approaching the lower band near 645.57, reflecting selling pressure.
Volume
Below average. Latest volume of 674,100 is 59.3% of the 20-period average (1,136,205), indicating reduced participation during the decline.

Assessment

The daily chart shows price in a corrective phase within a long-term uptrend. Price is below SMA20 and SMA50 but holding above SMA200. The RSI at 46.53 indicates neutral-bearish territory without reaching oversold levels. The MACD histogram is increasingly negative, suggesting the pullback may have near-term room to run. The 20-day low at 643.59 is the key near-term support to watch.

Weekly (July 13, 2026 week)

Trend
Bullish. Price at 664.39 is above SMA20 (630.00), SMA50 (538.96), and SMA200 (333.59). All SMAs are in strong bullish alignment with the shorter-term averages above the longer-term averages. The SMA200 is steeply upward sloping from 333.59, reflecting a sustained multi-year uptrend.
Momentum
Bullish but slowing. RSI14 at 65.90 is in bullish territory but not overbought. MACD at 41.03 is below the signal line at 44.89 with a negative histogram of -3.85, indicating that bullish momentum is fading at the weekly level. This weekly MACD weakening aligns with the daily bearish structure.
Volatility
Elevated. ATR14 at 49.81 (7.50% of price) reflects substantial weekly ranges. Bollinger Bands (511.13 to 748.88) are wide with price near the middle of the range.
Volume
Below average. Weekly volume of 674,100 is 15.5% of the 20-week average (4,338,185). The low ratio reflects the current week being incomplete.

Assessment

The weekly chart confirms a strong uptrend with all key SMAs in bullish alignment. RSI at 65.90 is in healthy bullish territory. However, the MACD histogram turning negative (-3.85) on the weekly chart is a cautionary signal that momentum may be fading. The SMA20 at 630.00 on the weekly chart serves as the primary trend support. The daily pullback appears to be a correction within this weekly uptrend, but the weakening weekly momentum warrants attention.

Key indicators

CMI Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)46.5365.90
MACD (12, 26, 9)-1.13 / 3.20 / -4.3341.03 / 44.89 / -3.85
ATR (14)25.23 (3.80%)49.81 (7.50%)
Bollinger Bands (20, 2)645.57 - 732.02511.13 - 748.88
SMA (20)688.79630.00
SMA (50)678.06538.96
SMA (200)561.07333.59

Price structure

CMI Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price664.39664.39
1-Period Return-1.71%-1.71%
5-Period Return-2.04%+0.73%
20-Period Return+1.33%+14.15%
60-Period Return+10.81%+112.79%
252-Period Return+98.52%N/A
52-Week Low329.42350.23
52-Week High737.76716.86
52-Week Position82.03%85.69%

Key levels

CMI Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High737.76716.86
20-Period Low643.59521.60
60-Period High737.76716.86
60-Period Low584.77309.31

Scenarios

CMI Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price holds above 643.59 (20-day low) and reclaims SMA20 at 688.79 with improving volume, extending the structural weekly uptrend.

Invalidation

Price breaks below the 20-day low at 643.59 on above-average volume.

What to watch

Sustained close above SMA20 (688.79); daily RSI crossing above 50; MACD histogram turning less negative; weekly RSI staying above 60.

Range-Bound

Trigger

Price oscillates between 643.59 (20-day low) and SMA20 resistance at 688.79 as the daily correction plays out within the weekly uptrend.

Invalidation

A decisive close above 688.79 or below 643.59 with increasing volume.

What to watch

RSI fluctuating between 40 and 55; MACD histogram narrowing; volume staying below the 20-period average; Bollinger Bands contracting.

Bearish

Trigger

Price breaks below 643.59 (20-day low), potentially testing the 60-day low at 584.77 and the weekly SMA20 at 630.00.

Invalidation

Price reclaims SMA20 at 688.79 and holds above it with strong volume.

What to watch

Sustained closes below 643.59; daily RSI trending below 40; increasing downside volume; daily MACD histogram further declining; weekly RSI dropping below 60.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (500 completed bars) ending July 13, 2026. The weekly analysis covers approximately 5 years (262 completed bars) ending the week of July 13, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 13, 2026, weekly July 13, 2026 week. Generated July 14, 2026.