SmarTrend Detects Continued Buying Pressure in Shares of Cummins (CMI)
Friday, March 12, 2010 - 11:56
Written on Fri, 03/12/2010 - 11:56am
By Chip Brian

SmarTrend identified an Uptrend for Cummins (NYSE:CMI) on February 02, 2010 at $50.69. In approximately 1 month, Cummins has returned 18.7% as of today's recent price of $60.15.
Cummins is currently above its 50-day moving average of $51.84 and above its 200-day moving average of $44.82. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cummins shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): CMI

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