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CMCO Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Ascending CMCO on February 10, 2025, netting in a 5.45% gain over 2 months

A.I.dvisor
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+5.45% Gain from a Successful pattern Broadening Wedge Ascending
CMCO - Columbus McKinnon Corp
Tickeron
Ticker: CMCO
Company: Columbus McKinnon
Gain from shortening: +5.45%
Confirmed: 02/10/25
Succeeded: 02/10/25
Total length: 89 days
On November 13, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Columbus McKinnon Corp (CMCO, $37.52). 89 days later, on February 10, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 10, 2025, the stock hit the target price of $30.03 – resulting in a gain for traders who shorted the stock on the pattern detection date.

CMCO in -0.15% downward trend, declining for three consecutive days on February 18, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CMCO declined for three days, in of 351 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on February 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CMCO as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CMCO turned negative on February 03, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .

CMCO moved below its 50-day moving average on January 22, 2025 date and that indicates a change from an upward trend to a downward trend.

The 50-day moving average for CMCO moved below the 200-day moving average on February 14, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

The Aroon Indicator for CMCO entered a downward trend on January 22, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

CMCO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.411) is normal, around the industry mean (2.133). P/E Ratio (25.655) is within average values for comparable stocks, (22.501). Projected Growth (PEG Ratio) (0.460) is also within normal values, averaging (2.737). Dividend Yield (0.007) settles around the average of (0.055) among similar stocks. P/S Ratio (1.247) is also within normal values, averaging (125.437).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. CMCO’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CMCO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock worse than average.

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CMCO
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A.I. Advisor
published General Information

General Information

a maker of material handling products and systems

Industry TrucksConstructionFarmMachinery

Profile
Fundamentals
Details
Industry
Trucks Or Construction Or Farm Machinery
Address
205 Crosspoint Parkway
Phone
+1 716 689-5400
Employees
3392
Web
https://www.columbusmckinnon.com