The best indicator for Cummins (CMI)
We backtested 20 indicators across daily, weekly and hourly charts on real Cummins (CMI) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Donchian Midline
On the weekly chart, this is the strongest risk-adjusted edge we found for Cummins (CMI) over ~53.5 years — beating buy-and-hold by 1.5% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Donchian Midline ✓ | Weekly | 13.0% | 0.63 | -44.6% | 44.1% | 136 | 1.5% |
| 2 | EMA 20/50 Cross ✓ | Daily | 12.4% | 0.61 | -44.2% | 45.7% | 116 | 0.9% |
| 3 | Rate of Change ✓ | Weekly | 11.3% | 0.56 | -47.1% | 51.2% | 160 | -0.3% |
| 4 | RSI Trend (>50) ✓ | Daily | 11.0% | 0.55 | -61.7% | 38.6% | 678 | -0.6% |
| 5 | MACD ✓ | Weekly | 9.7% | 0.51 | -46.7% | 48.2% | 114 | -1.9% |
| 6 | RSI Trend (>50) ✓ | Weekly | 9.7% | 0.51 | -64.4% | 33.6% | 134 | -1.9% |
| 7 | EMA-10 Trend ✓ | Weekly | 9.7% | 0.51 | -45.6% | 42.9% | 240 | -1.8% |
| 8 | Donchian Breakout ✓ | Weekly | 8.9% | 0.5 | -47.5% | 47.8% | 46 | -2.7% |
| 9 | Donchian Breakout ✓ | Daily | 7.8% | 0.47 | -40.0% | 47.3% | 224 | -3.7% |
| 10 | EMA-10 Trend ✓ | Daily | 8.8% | 0.47 | -64.4% | 41.6% | 1158 | -2.7% |
| 11 | MACD ✓ | Daily | 8.5% | 0.46 | -71.2% | 45.8% | 517 | -3.0% |
| 12 | Donchian Midline ✓ | Daily | 8.1% | 0.45 | -55.6% | 42.1% | 700 | -3.4% |
| 13 | Rate of Change ✓ | Daily | 7.7% | 0.43 | -53.1% | 46.1% | 814 | -3.8% |
| 14 | RSI Mean-Reversion ✓ | Weekly | 5.0% | 0.42 | -47.9% | 100.0% | 18 | -6.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Cummins (CMI), Donchian Midline on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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