Why is CMI Down Today?

CMI
$454.04
▼ -2.66% ($-12.10)
Last updated: Nov 10, 2026 8:30 PM ET (629 min ago)

About Cummins Inc.

Cummins is a leading manufacturer of diesel and other engines used in heavy- and medium-duty commercial trucks, off-highway equipment, and locomotives, in addition to prime power and standby generators. The company also sells powertrain components, which include filtration products, transmissions, t...

Sector: ENGINES & TURBINES
Market Cap: $58.51B
Forward P/E: 18.5
52-Week Range: $443.62 - $737.76
Employees: 69,600

Overall Confidence: 70%

70% Confident

Based on news, social sentiment, options activity, and sector analysis

OPTIONS 75% Confidence
🎯 Unusual PUT buying detected
Options traders are heavily buying puts on CMI, with 73% of volume in puts. This suggests bearish institutional positioning.
SECTOR 65% Confidence
ENGINES & TURBINES sector moving together
This appears to be a sector-wide move. The ENGINES & TURBINES sector is down 2.4% on average.

✅ Move Confirmation

LOW VOLUME 0.5x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

ENGINES & TURBINES sector: -2.4%

This appears to be a sector-wide move. Most ENGINES & TURBINES stocks are moving in the same direction.

Market Comparison

CMI is significantly underperforming the market (-2.3% vs SPY)
S&P 500
SPY
-0.37%
Nasdaq 100
QQQ
-0.68%
CMI
This Stock
-2.66%
vs S&P 500: -2.29%
vs Nasdaq: -1.98%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, CMI is expected to trade between:
$440.42 - $463.12

Key Level to Watch

$431.34 support
Watch for breakdown below $454.04

🔔 Get CMI Alerts

We'll notify you when CMI's trend changes or a new signal fires.

Last updated: Nov 10, 2026 8:30 PM (629 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bearish
Options Sentiment
1.43
Put/Call Ratio
51.8%
Implied Volatility
Call Volume: 1,784
Put Volume: 2,554
Total: 4,338

Historical Context

CMI has moved more than 3.0% down on 24 occasions in the past year.

45.8%
Continuation Rate
11/24 times continued down
+0.25%
Avg Next Day Change
After similar down moves
Last similar move: Nov 05, 2026 (-4.9%) → Next day: +0.3%

Frequently Asked Questions

Why is CMI stock down today?

Options traders are heavily buying puts on CMI, with 73% of volume in puts. This suggests bearish institutional positioning.

Is CMI stock a buy or sell right now?

Based on current analysis, CMI shows 70% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the CMI stock price target?

CMI is currently trading at $454.04. Based on today's momentum, the expected short-term range is $440.42 - $463.12. See long-term price prediction →

Will CMI stock continue falling?

Our analysis shows a 45% probability that CMI's move continues in the next 1-3 days. Key level to watch: $431.34 (support).

Is CMI stock oversold or overbought?

CMI's RSI (Relative Strength Index) is currently at 30.1. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for CMI stock?

CMI's 10-day momentum indicator is at -76.43. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is CMI outperforming or underperforming the market?

CMI (-2.66%) is currently significantly underperforming the market (-2.3% vs SPY). Today, the S&P 500 (SPY) is down -0.37%, and Nasdaq (QQQ) is down -0.68%.

What does MACD indicate for CMI?

CMI's MACD (-20.38) is currently below the signal line (-14.35), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 44.7) is strong.

Is CMI in an uptrend or downtrend?

Based on moving average analysis, CMI is in a bearish trend. The price ($454.04) is trading below both the 20-day SMA ($506.11) and 50-day SMA ($522.52). This alignment typically indicates sustained downward pressure.

Check Why Another Stock is Moving

Enter any ticker symbol to see real-time analysis

Popular: AAPL TSLA NVDA MSFT META AMZN GOOGL