Amber List

CNMCore & Main, Inc.

Industrials · Industrial Distribution · mid-cap ($8.5B)
-33.8%
from rolling 252-day high of $67.18 set 2025-09-05 · 349d ago
Current
$44.46
Decline depth
-33.8%
Decline σ
3.4σ
TFC
1/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$CNM landed on the list 2026-03-08, down 25.6% from its 52-week high that day — now down -33.8%.

That's 7.6 percentage points deeper than the day it joined. It bottomed 36.9% below that high along the way.

Decline from the 52-week high as it stood on 2026-03-09 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

CNM qualifies for the Amber List on decline depth.

Decline depth
-33.8%
From rolling 252-day high of $67.18, 349d ago. Past the 30% Amber threshold.
Time-frame continuity
1/5 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
3.4σ
Drop from local high over the last 10 bars, expressed in units of the stock's typical daily volatility (1.77% per day).

The structural read

What price action says about CNM.

CNM qualifies for the Amber List on decline depth — down -33.8% from its rolling 252-day high.

Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 2D (red), weekly 2D (red), monthly 1 (red).

Earnings on file: 2026-06-10. Tiering is unaffected by earnings dates — listings reflect price structure only.

Questions about CNM

What people ask.

Why is CNM on Broken Stocks?

CNM qualifies for the Amber List on decline depth. It is down -33.8% from its rolling 252-day high of $67.18, set on 2025-09-05 — 349d ago.

Is CNM a falling knife?

Not by the strict technical definition. CNM is down -33.8% from its 52-week high, but that high was set 349d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. CNM is still on the Amber List for decline depth, but the freshness component of a falling knife is missing.

Is CNM 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 CNM trading inside its 52-week range?

At $44.46, CNM sits 7.9% of the way from its 52-week low ($42.50) to its 52-week high ($67.18). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has CNM been declining?

The current 33.8% decline accrued over 349d, which annualizes to roughly -35.3% 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 CNM compare to its sector?

There are 151 other Industrials tickers on Broken Stocks: 67 Red, 41 Amber, 43 Watch, with 29 showing recovering structural signals. Median sector decline is -30.8% — CNM's decline is deeper than the sector median.

Does CNM'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 (2026-06-10) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.