What chart pattern is ChartPattern.io tracking on Cummins?
ChartPattern.io is currently tracking Bearish Flag on Cummins in the Industrials stock. Secondary context includes Rectangle and Symmetrical Triangle.
Live Industrials stock scanner page for Cummins. Review the bearish flag setup, chart structure, and trade levels in one place.
Technical analysis of Cummins (CMI) reveals a significant setup. With a last close of $530.61, volatility remains active (1.62%). The primary technical feature is a Bearish Flag formation. This setup is supported by average volume turnover. A potential breakout level is identified at $508.13, targeting $356.77 with support near $548.42 (R:R 3.76).
CMI is part of the Industrials stock on ChartPattern.io. The scanner currently highlights Bearish Flag as the leading setup, with an entry near $508.13, a stop around $548.42, and a target near $356.77.
Bearish Flag
67/100 CP Index
Entry $508.13 · Stop $548.42 · Target $356.77
Technical indicators signal a Bearish Flag forming. Verify the setup on the chart.
Bearish continuation if preceding move was down.
Sideways movement between parallel supports.
Consolidation. Can break either way.
Bearish continuation pattern.
What is your outlook on CMI?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on CMI.
ChartPattern.io is currently tracking Bearish Flag on Cummins in the Industrials stock. Secondary context includes Rectangle and Symmetrical Triangle.
The current trade plan points to an entry near $508.13, a stop near $548.42, and a target near $356.77.
Cummins currently leans bullish. The page is showing a CP Index of 67/100, which helps summarize the current technical setup.