Commercial Metals' 15min Chart Shows MACD Death Cross, Bollinger Bands Expand Downward

At 08:00 on August 27, 2025, Commercial Metals' 15-minute chart exhibited a MACD Death Cross and Bollinger Bands Expanding Downward, indicating a potential downward trend in the stock price and a dominant seller-driven market trend.

At 08:00 on August 27, 2025, Commercial Metals' 15-minute chart exhibited a MACD Death Cross and Bollinger Bands Expanding Downward, indicating a potential downward trend in the stock price and a dominant seller-driven market trend [1]. The MACD Death Cross, a signal that occurs when the MACD line crosses below the signal line, typically indicates a bearish trend. Additionally, the Bollinger Bands expanding downward suggest increased volatility and a potential sell-off in the stock price.

This technical analysis comes on the heels of recent earnings reports that showed a decline in North American steel sales, which could impact the company's financial performance [1]. The market has responded to these developments, with Wells Fargo initiating a "Overweight" rating with a $61 price target and UBS adjusting its price target to $56 from $48 while maintaining a neutral rating [1].

The company's valuation metrics also provide insight into its current financial health. With a P/E ratio of 32.8x for 2025 and 12.6x for 2026, Commercial Metals' stock appears to be relatively expensive compared to its peers. However, its enterprise value to sales ratio of 0.89x for 2025 and 0.82x for 2026 suggests a valuation that is in line with the broader market.

Investors should closely monitor the company's earnings and other market developments to assess the impact of these technical indicators on the stock price. The appointment of Dawne S. Hickton to the board of directors and the company's ongoing equity buyback plan could also influence investor sentiment [1].

References:
[1] https://www.marketscreener.com/quote/stock/COMMERCIAL-METALS-COMPANY-12107/
[2] https://coinpedia.org/price-analysis/spot-eth-etfs-records-455m-inflows-ethereum-price-up-2-today/