CORE NATURAL RESOURCES INC (CNR) Stock Technical Analysis
USA - NYSE:CNR - US2189371006 - Common Stock
Taking everything into account, CNR scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CNR is a bad performer.
CNR has an average technical rating and it also does not offer a high 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
63.08
We found 6 important support areas.
- Support @87.71 from a trend line in the daily time frame.
- A support zone ranging from 83.07 to 84.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @79.00 from a horizontal line in the weekly time frame.
- A support zone ranging from 74.91 to 76.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.74 from a trend line in the daily time frame.
- Support @63.72 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @96.48 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for CNR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNR is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CNR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CNR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CNR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.55 | NEUTRAL | The RSI value for CNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests CNR has a positive trend. |
| Stochastics (14,3) | 79.4 | NEUTRAL | The Stochastics value for CNR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.72 | MEDIUM VOLATILITY | The ATR as a percentage value for CNR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.6 | NEUTRAL | The ADX value for CNR suggests a possible start of a new trend. |
88.03
+0.44 (+0.5%)
CORE NATURAL RESOURCES INC / CNR FAQ
What is the technical rating for CNR stock?
ChartMill assigns a technical rating of 6 / 10 to CNR.
Can you provide the trend direction for CORE NATURAL RESOURCES INC?
The current trend direction for CORE NATURAL RESOURCES INC (CNR) is Bullish.
What is the RSI signal for CORE NATURAL RESOURCES INC (CNR) stock?
CORE NATURAL RESOURCES INC (CNR) has an RSI value of 55.5525. This indicates that the stock is currently neutral.
What is the MACD signal for CORE NATURAL RESOURCES INC (CNR) stock?
The MACD indicator for CORE NATURAL RESOURCES INC (CNR) has a value of 0.677134, indicating a bearish trend.
What is the short term momentum for CORE NATURAL RESOURCES INC (CNR) stock?
The short term momentum for CORE NATURAL RESOURCES INC (CNR) is positive.