Cornerstone Building Brands Inc (CNR)

US21925D1090 - Common Stock

24.66  +0.01 (+0.04%)

After market: 24.66 0 (0%)

Technical Rating and Analysis

8

Overall CNR gets a technical rating of 8 out of 10. Both in the recent history as in the last year, CNR has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
CNR is one of the better performing stocks in the Building Products industry, it outperforms 95% of 43 stocks in the same industry.
CNR is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CNR is leading the market.
CNR has an average volume of 1678160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CNR is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month CNR has a been trading in a tight range between 24.38 and 24.66.
Weekly and Daily overview Charts
CNR Weekly chart
CNR Daily chart
Setup Rating and Analysis

7

Although CNR has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

13.58

25.13

4 important support areas can be observed.

  • A support zone ranging from 23.93 to 24.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @16.33 from a trend line in the weekly time frame.
  • A support zone ranging from 14.61 to 14.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @13.72 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 24.67 to 24.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.42
Mansfield3.78
10 Day High24.66
10 Day Low24.53
20 Day High24.66
20 Day Low24.38
52 Week High24.66
52 Week Low13.51
Performance
1 Week0.53%
2 Weeks0.45%
1 Month0.61%
3 Month1.11%
6 Month73.66%
12 Month48.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)63.1
LBB24.47
UBB24.65
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
24.6724.510.16 (0.63%)25.00%
An entry @24.67. This is a Buy Stop order right above the 10 day high.An exit @24.51. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.16 points, which is 0.63%.For a 0.16% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CNR Daily chart

Cornerstone Building Brands Inc

NYSE:CNR (7/22/2022, 7:04:01 PM)

After market: 24.66 0 (0%)

24.66

+0.01 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.04%
1 Week0.53%
2 Weeks0.45%
1 Month0.61%
3 Month1.11%
6 Month73.66%
12 Month48.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%0.3%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.66
10 Day Low24.53
20 Day High24.66
20 Day Low24.38
52 Week High24.66
52 Week Low13.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.32M
Volume Incr40.48%
Vol(5)2.20M
Vol(50)1.68M