CORE NATURAL RESOURCES INC (CNR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CNR - US2189371006 - Common Stock
Overall CNR gets a technical rating of 7 out of 10. 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.
Although CNR has an excellent technical rating, it 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
74.16
When analyzing the support we can see 4 important areas.
- A support zone ranging from 88.03 to 89.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @80.81 from a trend line in the daily time frame.
- Support @78.70 from a trend line in the weekly time frame.
- A support zone ranging from 74.91 to 75.55. This zone is formed by a combination of multiple trend lines 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) | UP | POSITIVE | The current price of CNR is above the rising 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) | UP | POSITIVE | The current price of CNR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.58 | OVERBOUGHT | The high RSI value suggests CNR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests CNR has a positive trend. |
| Stochastics (14,3) | 84.87 | OVERBOUGHT | The high Stochastics value suggests CNR may be overbought. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for CNR suggests some volalility. |
| Average Directional Index/ADX (14) | 25.49 | POSITIVE | The high ADX value value for CNR suggests a strong trend. |
96.38
+2.41 (+2.56%)
CORE NATURAL RESOURCES INC / CNR FAQ
What is the technical rating for CNR stock?
ChartMill assigns a technical rating of 7 / 10 to CNR.
What is the current trend direction of CORE NATURAL RESOURCES INC (CNR) stock?
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 70.5777. This indicates that the stock is currently overbought.
What is the MACD signal for CNR stock?
The MACD indicator for CORE NATURAL RESOURCES INC (CNR) has a value of 0.606375, indicating a bearish trend.
Can you provide the buy/sell signal for CORE NATURAL RESOURCES INC?
The buy/sell signal for CORE NATURAL RESOURCES INC (CNR) is buy as both the short term and long term trends are positive.