Commercial Metals' 15min Chart: MACD Death Cross, Bearish Marubozu Signal

According to the 15-minute chart of Commercial Metals, a recent MACD Death Cross and Bearish Marubozu at 11:00 on August 18, 2025, indicate a potential continuation of downward momentum in the stock price. The current market is dominated by sellers, and bearish momentum is likely to persist.

Commercial Metals Company (CMC) has experienced a significant shift in market sentiment following a recent MACD Death Cross and a Bearish Marubozu on its 15-minute chart at 11:00 on August 18, 2025. This technical indicator suggests a potential continuation of downward momentum in the stock price. The current market is dominated by sellers, indicating that bearish momentum is likely to persist.

The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, signaling a change in momentum from bullish to bearish. The appearance of a Bearish Marubozu candlestick pattern further supports this bearish sentiment. A Marubozu candlestick is characterized by a long body without any upper or lower wicks, suggesting strong buying or selling pressure with no reversal.

Analysts have provided a mixed outlook for Commercial Metals Company. According to MarketBeat, out of 17 analysts, 2 have given a hold rating, 14 have given a buy rating, and 1 has given a strong buy rating for CMC. The average price target is $55.39, representing a forecasted upside of 1.98% from the current price of $56.65 [1].

Despite the positive analyst ratings, investors should be cautious. Commercial Metals Company reported strong revenue growth in the second quarter of 2025 but experienced a slight decrease in net income. The company's expansion in steel production and higher operational costs have impacted short-term profitability. The narrative projects $7.68 billion in revenue and $36.812 billion in earnings by 2028, requiring 10.4% yearly revenue growth and a $3.2 billion increase in earnings from $3.1 billion today [2].

Investors should be mindful of rising raw material costs, which could impact margins if scale benefits don't materialize as expected. Commercial Metals Company's commitment to increasing investment in steel production supports higher revenue and user engagement but must be balanced with cost management.

Fair value estimates for Commercial Metals Company from the Simply Wall St Community span from $45.39 to $64.53 across 29 individual forecasts, highlighting diverse views on growth versus profitability. While the stock might be worth as much as 30% more than the current price, investors should consider the potential risks associated with margin pressure and cost management [2].

References:
[1] https://www.marketbeat.com/stocks/NASDAQ/CMC/forecast/
[2] https://simplywall.st/stocks/us/industrials/nyse-cmc/commercial-metals-company