CORTICEIRA AMORIM SA (COR.LS) Technical Analysis
ELI:COR • PTCOR0AE0006
Overall COR gets a technical rating of 0 out of 10. COR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, COR is a bad performer in the overall market: 87% of all stocks are doing better.
- COR is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so COR is lagging the market.
- In the last month COR has a been trading in the 6.35 - 7.10 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- COR is an average performer in the Containers & Packaging industry, it outperforms 44% of 10 stocks in the same industry.
The technical rating of COR 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
6.29
We found 1 important support area.
- A support zone ranging from 6.35 to 6.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.79 to 6.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.96 to 7.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.25 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for COR.LS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COR.LS is down. |
| ChartMill Relative Strength | 13.97 | NEGATIVE | COR.LS has a low relative strength, it was outperformed by 86.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COR.LS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COR.LS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COR.LS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.75 | OVERSOLD | The low RSI value suggests COR.LS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests COR.LS has a negative trend. |
| Stochastics (14,3) | 0.9 | OVERSOLD | The low Stochastics value suggests COR.LS may be oversold. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for COR.LS suggests low volalility. |
| Average Directional Index/ADX (14) | 29.05 | POSITIVE | The high ADX value value for COR.LS suggests a strong trend. |
COR.LS Technicals: Chart, Performance Metrics, Trend & Indicators
ELI:COR (3/6/2026, 7:00:00 PM)
6.37
+0.01 (+0.16%)
CORTICEIRA AMORIM SA / COR.LS FAQ
What is the technical rating for COR stock?
ChartMill assigns a technical rating of 0 / 10 to COR.LS.
What is the trend direction for COR stock?
The current trend direction for CORTICEIRA AMORIM SA (COR.LS) is Bearish.
What is the RSI signal for COR stock?
CORTICEIRA AMORIM SA (COR.LS) has an RSI value of 25.7474. This indicates that the stock is currently oversold.
Can you provide the short term momentum for CORTICEIRA AMORIM SA?
The short term momentum for CORTICEIRA AMORIM SA (COR.LS) is negative.
What are the support and resistance levels for CORTICEIRA AMORIM SA (COR.LS) stock?
CORTICEIRA AMORIM SA (COR.LS) has a support level at 6.36 and a resistance level at 6.79. Check the full technical report for our detailed analysis of COR.LS support and resistance levels.