The Greedy Trader Weekly Analysis
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Industrial Machinery Industry Stocks Technical Analysis - CMI

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- 8/14/2026 -
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CUMMINS INC (CMI) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance lineBroken trend resistance line
Daily :
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It was the negative week for the CUMMINS INC (CMI). During the week, the CMI dropped -13.00 points, or -2.02%, and closed at 631.26 on Friday, August 14, 2026. Weekly volume was -33% below average.

CMI is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See CMI long-term trend chart]
A long-term uptrend had started on October 9, 2002 at 4.90 and reached 737.76 on June 18, 2026. CMI gained -732.86 points, or -14956.33%, in 1236 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (137.33) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See CMI medium-term trend chart]
A medium-term uptrend had started on June 23, 2022 at 184.28 and reached 737.76 on June 18, 2026. CMI gained -553.48 points, or -300.35%, in 208 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (294.06) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See CMI weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since July 2, 2026. The distance between MACD and the signal line is near its high and getting bigger. Use the following link to access a MACD help.

Short-term trend: [See CMI short-term trend chart]
A short-term downtrend had started on June 18, 2026 at 737.76 and reached 577.72 on August 4, 2026. CMI lost 160.04 points, or 21.69%, in 47 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 548.05 and resistance is at 640.64. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See CMI daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since August 5, 2026. The distance between MACD and the signal line is low and getting smaller.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.15
Williams' Percentage Range (W%R) 39.10
Lane's Stochastic (%D-Slow) 67.21
Greed/Fear Indicator (GFI) 56.09
Moving Average Converg./Diverg. (MACD) -8.58
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.40
Williams' Percentage Range (W%R) 45.20
Lane's Stochastic (%D-Slow) 31.65
Greed/Fear Indicator (GFI) 44.89
Moving Average Converg./Diverg. (MACD) 39.64
Trading Signals
Description Value Chart
Upper Bollinger Band 672.98
50 Day Moving Average 664.60
Daily Stochastic Crossing 650.16
20 Day Moving Average 642.94
Weekly Trendline Resistance 640.64
Monthly Trendline Support 636.65
Price 631.26
Weekly Stochastic Crossing 628.90
Lower Bollinger Band 615.77
Parabolic System 595.33
Weekly Trendline Support 548.05
Quarterly Trendline Resistance 507.35
Sector and Industry
Description Name Rank
Sector Industrials 10
Industry Industrial Machinery 73
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 661.01
High Date 08/05/2026
Low 628.25
Low Date 08/14/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 640.64
Support 548.05
High 737.76
High Date 06/18/2026
Low 577.72
Low Date 08/04/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 777.14
Support 636.65
Low 260.00
Low Date 04/07/2025
High 737.76
High Date 06/18/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 507.35
Support 294.06
Low 184.28
Low Date 06/23/2022
High 737.76
High Date 06/18/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 360.78
Support 137.33
Low 4.90
Low Date 10/09/2002
High 737.76
High Date 06/18/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.