CORTICEIRA AMORIM SA (COR.LS) Stock Technical Analysis
Europe - Euronext Lisbon - ELI:COR - PTCOR0AE0006 - Common Stock
Taking everything into account, COR scores 2 out of 10 in our technical rating. 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.
COR has a poor technical rating and the quality of the setup is also only medium 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.
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6.33
3 important support areas can be observed.
- A support zone ranging from 6.64 to 6.84. 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 4 important areas.
- A resistance zone ranging from 6.88 to 7.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.27 to 7.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.96 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 | UP | POSITIVE | The short term trend for COR.LS is up. |
| ChartMill Relative Strength | 13.84 | NEGATIVE | COR.LS has a low relative strength, it was outperformed by 86.16% 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) | DOWN | MIXED | The current price of COR.LS is above 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) | 63.2 | NEUTRAL | The RSI value for COR.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests COR.LS has a positive trend. |
| Stochastics (14,3) | 86.74 | OVERBOUGHT | The high Stochastics value suggests COR.LS may be overbought. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for COR.LS suggests low volalility. |
| Average Directional Index/ADX (14) | 20.12 | NEUTRAL | The ADX value for COR.LS suggests a possible start of a new trend. |
ELI:COR (1/9/2026, 7:00:00 PM)
6.87
+0.05 (+0.73%)
CORTICEIRA AMORIM SA / COR.LS FAQ
What is the technical rating for COR stock?
ChartMill assigns a technical rating of 2 / 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 63.2044. This indicates that the stock is currently neutral.
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 6.84 and a resistance level at 6.88. Check the full technical report for our detailed analysis of COR.LS support and resistance levels.