CORTICEIRA AMORIM SA (COR.LS) Stock Technical Analysis
Europe • Euronext Lisbon • ELI:COR • PTCOR0AE0006
Overall COR gets a technical rating of 5 out of 10. In the past year, COR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, COR is a bad performer in the overall market: 76% of all stocks are doing better.
- COR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month COR has a been trading in the 6.67 - 7.09 range, which is quite wide. It is currently trading near the high of this range.
- COR is part of the Containers & Packaging industry. There are 11 other stocks in this industry, COR did better than 70% of them.
- Volume is considerably higher in the last couple of days.
COR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.33
We found 3 important support areas.
- A support zone ranging from 6.70 to 6.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.51 to 6.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.10 to 7.19. 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 COR.LS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COR.LS is up. |
| ChartMill Relative Strength | 24.05 | NEGATIVE | COR.LS has a low relative strength, it was outperformed by 75.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COR.LS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COR.LS is above the rising 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) | 70.28 | OVERBOUGHT | The high RSI value suggests COR.LS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests COR.LS has a positive trend. |
| Stochastics (14,3) | 91.03 | OVERBOUGHT | The high Stochastics value suggests COR.LS may be overbought. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for COR.LS suggests low volalility. |
| Average Directional Index/ADX (14) | 19.32 | NEGATIVE | The low ADX value for COR.LS suggests a weak or negative trend. |
ELI:COR (2/11/2026, 7:00:00 PM)
7.09
+0.13 (+1.87%)
CORTICEIRA AMORIM SA / COR.LS FAQ
What is the technical rating for COR stock?
ChartMill assigns a technical rating of 5 / 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 70.2804. This indicates that the stock is currently overbought.
Can you provide the short term momentum for CORTICEIRA AMORIM SA?
The short term momentum for CORTICEIRA AMORIM SA (COR.LS) is positive.
What are the support and resistance levels for CORTICEIRA AMORIM SA (COR.LS) stock?
CORTICEIRA AMORIM SA (COR.LS) has a support level at 6.87 and a resistance level at 7.1. Check the full technical report for our detailed analysis of COR.LS support and resistance levels.