Core & Main, Inc. (CNM)

Core & Main, Inc. is trading at $41.32, up 1.95% on the session. The 50 day average sits at $43.25 and the 200 day at $48.75, which puts the stock in a downtrend. RSI is at 40.8, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $40.03 with resistance near $42.57, so that band frames the current range. Average daily movement is roughly $1.20, or about 2.9% of the share price, which is what any stop placement has to allow for. The overall health score of 34 out of 100 combines a trend score of 3, momentum of 32 and a risk score of 85.

Core & Main, Inc. engages in the distribution of water, wastewater, storm drainage, and fire protection products and related services in the United States. The company's products portfolio include pipes, valves, hydrants, fittings, and other products and services used for service, repair and replacement of underground water infrastructure; storm drainage products, such as corrugated HDPE and metal piping systems, retention basins, inline drains, manholes, grates, geosynthetics, erosion control, and other related products; fire protection products, including fire protection pipes, valves, fittings, sprinkler heads and other accessories, as well as fabrication and kitting services; smart meter products; and smart metering solutions which include meter accessories, meter installation, network infrastructure and software installation, training, and long-term services, as well as engineered treatment plant products. Its specialty products and services are used in the maintenance, repair, replacement, and construction of water, wastewater, storm drainage, and fire protection infrastructure. The company serves municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets. Core & Main, Inc. was founded in 1874 and is headquartered in Saint Louis, Missouri.