Decline depth
-27.6%
From rolling 252-day high of $84.60, 140d ago.
Past the 20% Watch threshold.
-27.6%
from rolling 252-day high of $84.60 set 2026-02-11 · 140d ago
Current
$61.21
Decline depth
-27.6%
Decline σ
7.5σ
TFC
2/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$CMC landed on the list 2026-03-14, down 27.4% from its 52-week high that day — now down -27.6%.
Roughly where it joined — no recovery, no further break. It bottomed 31.3% below that high along the way.
Decline from the 52-week high as it stood on 2026-03-16 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
CMC qualifies for the Amber List on decline depth.
Time-frame continuity
2/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
7.5σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (3.13% per day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about CMC.
CMC qualifies for the Amber List on decline depth — down -27.6% from its rolling 252-day high.
Cross-confirmation: decline sigma also reads 7.5σ over 20 bars.
Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 2D (red), weekly 2D (red), monthly 2D (red).
Earnings on file: 2026-06-25. Tiering is unaffected by earnings dates — listings reflect price structure only.
52-week range
52W low $48.14
35.6% of range
52W high $84.87
Sector context · Industrials
125 other Industrials tickers are on Broken Stocks.
50
Red List
25
Amber
50
Watch
-31.3%
Median decline
Worst in sector: EOSE (-72.0%). Least-bad: TPC (-20.4%). See all Industrials listings →
Related — same sector
Closest decliners to CMC
WatchRecovering
SWIM
Latham Group, Inc.
Watch
SNCY
Sun Country Airlines Holdings,
Watch
ROAD
Construction Partners, Inc.
Red ListRecovering
GFL
GFL Environmental Inc. Subordin
WatchRecovering
BCO
Brinks Company (The)
Amber List
ASC
Ardmore Shipping Corporation
Questions about CMC
What people ask.
Why is CMC on Broken Stocks?
CMC qualifies for the Amber List on decline depth. It is down -27.6% from its rolling 252-day high of $84.60, set on 2026-02-11 — 140d ago.
Is CMC a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. CMC is down -27.6% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is CMC a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is CMC trading inside its 52-week range?
At $61.21, CMC sits 35.6% of the way from its 52-week low ($48.14) to its 52-week high ($84.87). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has CMC been declining?
The current 27.6% decline accrued over 140d, which annualizes to roughly -72.0% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does CMC compare to its sector?
There are 125 other Industrials tickers on Broken Stocks: 50 Red, 25 Amber, 50 Watch, with 39 showing recovering structural signals. Median sector decline is -31.3% — CMC's decline is shallower than the sector median.
Does CMC's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-06-25) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.