This stock is coming out of oversold -80 on Williams % R. MACD histogram isn't looking too pretty but if it can close above the trend line it might rally further. One might also want to wait until it breaks the high of $161. The last relative high was lower than the previous high.
Fundamentals show strong market share for diesel engines. The increasingly high cost of diesel incentivizes industry to reduce emissions. The technology developed in conjunction with Westport Innovations puts Cummins in a market-leading position, especially in China where heavy-duty manufacturers need to upgrade their engines.
On the other hand, price growth has largely outpaced revenue growth and increased debt has been added to the company.
Fundamentals show strong market share for diesel engines. The increasingly high cost of diesel incentivizes industry to reduce emissions. The technology developed in conjunction with Westport Innovations puts Cummins in a market-leading position, especially in China where heavy-duty manufacturers need to upgrade their engines.
On the other hand, price growth has largely outpaced revenue growth and increased debt has been added to the company.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.