CORE ALTERNATIVE ETF (CCOR) Stock Technical Analysis
NYSEARCA:CCOR - NYSE Arca - US53656F8471 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to CCOR. CCOR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, CCOR is a bad performer in the overall market: 72% of all stocks are doing better.
Warning: CCOR has an average volume of 11280 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CCOR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CCOR is lagging the market.
In the last month CCOR has a been trading in a tight range between 26.40 and 27.12.
Considerably lower volume is observed in the last couple of days.
The technical rating of CCOR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.46
28.46
2 important support areas can be observed.
- Strong support @26.19 from a horizontal line in the daily time frame.
- A support zone ranging from 24.71 to 24.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 26.70 to 26.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.51 to 28.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CCOR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCOR is down. |
| ChartMill Relative Strength | 28.16 | NEGATIVE | CCOR has a low relative strength, it was outperformed by 71.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCOR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CCOR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCOR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.47 | NEUTRAL | The RSI value for CCOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CCOR has a negative trend. |
| Stochastics (14,3) | 8.58 | OVERSOLD | The low Stochastics value suggests CCOR may be oversold. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for CCOR suggests low volalility. |
| Average Directional Index/ADX (14) | 15.33 | NEGATIVE | The low ADX value for CCOR suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
26.4781
0 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.02%
1 Week-1.1%
2 Weeks-1.92%
1 Month-1.75%
3 Month-2.64%
6 Month2.74%
12 Month-2.15%
2 Year-4.55%
3 Year-15.32%
5 Year-4.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.49%
ATR Inc-32.56%
Range Today0.1
ADR(20)0.11
ADR(20)%0.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.16
Mansfield-0.93
10 Day High26.98
10 Day Low26.4
20 Day High27.12
20 Day Low26.4
52 Week High28.13
52 Week Low25.07
CS1 End26.19
CR1 Start26.7
Volume & EV
DER(3)-2.96%
DER(5)-1.78%
Volume3.10K
Volume Incr-35.08%
Vol(5)3.60K
Vol(50)11.28K