Intraday price change for CMC is about $0.52 from the day's low to the day's high.
The previous business day's price range from the open of $17.80 is expected to range from a low of $17.54 to a high of $18.06.
Price moves beyond this range are outside the average.
The previous business day's closing price may be between $17.77 and $17.83 assuming average price movements.
Note that events including news, CMC earnings, or broad market swings will unexpectedly affect price.
Closing prices outside of this range indicate a move outside the average closing price movement.
This signal was generated on August 11th
and closed on August 25th, for a holding time of 9 business days.
Signals with this combination of indicators have an average holding time of 4-5 business days.