Technical indicators signal a Ascending Triangle forming. Verify the setup on the chart.
Bullish continuation pattern.
Bullish continuation if preceding move was up.
Reversal pattern. Price likely to break downwards.
Sideways movement between parallel supports.
CMS is showing interesting structural developments at $78.58. The stock is trading at $78.58, up 0.85% on the day. Algorithmically, a Bullish Flag structure has completed. The trend indicator is reading 8.6/100, suggesting moderate momentum. A potential breakout level is identified at $78.88, targeting $88.94 with support near $75.08 (R:R 2.65).
What is your outlook on CMS?