Is organized into distinct but complementary business segments: Engine Segment The Engine Segment designs and manufactures state-of-the-art diesel and natural gas powered engines for on-highway and off-highway use. The business also offers new parts and remanufactured parts and engines. Designs, manufactures, distributes, and services diesel and natural gas engines. The Company also manufactures electric power generation systems and engine-related component products.

Cummins UK is the Cummins owned distributor in the United Kingdom selling Cummins engines diesel and gas from 37 to 3281 kW that are designed to power:

• Agricultural, construction & industrial machinery
• Buses, coaches & trucks
• Commercial and recreational marine applications
• Mining equipment
• Railcars and locomotives

Cummins UK delivers Cummins generator sets from 4kW to 3000kW for a variety of applications including marine, retail, telecommunications, oil & gas, data centres, hospitals, construction sites and mining.

Cummins UK supports Cummins engines and generators in operation through aftermarket parts and service support.

(NYSE: CMI) announced that it will be unifying its brand strategy across its Power Systems business segment, which provides high-speed engines from 760 – 4400 hp and power generation equipment from 2–3,500 kW, including standby and prime power gen sets, alternators, switchgear and other components. View today's stock price, news and analysis for Cummins Inc. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more.

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Cummins Inc stock price up 0.05% on Wednesday (Updated on February 10, 2021)

The Cummins Inc stock price gained 0.05% on the last trading day (Wednesday, 10th Feb 2021), rising from $244.98 to $245.11. , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 2.46% from a day low at $242.66 to a day high of $248.63. The price has risen in 6 of the last 10 days and is up by 2.51% over the past 2 weeks. Volume fell on the last day by -449 thousand shares and in total, 975 thousand shares were bought and sold for approximately $238.87 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.6% during the next 3 months and, with a 90% probability hold a price between $237.52 and $265.15 at the end of this 3-month period.

Signals & Forecast

The Cummins Inc stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $237.12 and $234.80. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, February 05, 2021, and so far it has risen 6.74%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss

Cummins Inc finds support from accumulated volume at $233.14 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $5.97 (2.46%) between high and low. For the last week, the stock has had a daily average volatility of 3.00%.

Our recommended stop-loss:$236.38(-3.56%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)

Is Cummins Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Cummins Inc stock to perform well in the short-term.

Current score:1.267

Predicted Opening Price for Cummins Inc of Thursday, February 11, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Cummins Inc Nashville Tn

On February 09, 2021 'Cowen' gave 'Market Perform' rating for CMI. The price target was set to $239.00 → $243.00.Over the last 30 days, this security got 1 buy, 0 sell and 4 hold ratings.

Cummins Inc News

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Cummins Incorporated

Resistance: $246.54
Price: $245.11
Support: $233.14