CENCORA INC (COR) Technical Analysis
NYSE:COR • US03073E1055
Current stock price
COR Technical Rating and Analysis
Taking everything into account, COR scores 0 out of 10 in our technical rating. 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.
- 77% of all other stocks performed better in the past year than COR.
- In the last month COR has a been trading in the 299.34 - 327.99 range, which is quite wide. It is currently trading near the lows of this range.
- COR has an average volume of 1378910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- COR is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, COR did better than 44% of them.
- COR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COR is lagging the market.
COR Weekly and Daily overview Charts
COR Setup Rating and Analysis
COR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 303.99, a Stop Loss order could be placed below this zone.
More info and screens
COR Support and Resistance Analysis
299.73
We found 1 important support area.
- A support zone ranging from 302.76 to 303.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 310.89 to 316.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 324.93 to 333.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 365.45 to 368.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
COR Technical Indicator Signal Analysis
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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COR is down. |
| ChartMill Relative Strength | 23.2 | NEGATIVE | COR has a low relative strength, it was outperformed by 76.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of COR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.54 | NEUTRAL | The RSI value for COR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests COR has a negative trend. |
| Stochastics (14,3) | 26.02 | NEUTRAL | The Stochastics value for COR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for COR suggests some volalility. |
| Average Directional Index/ADX (14) | 43.1 | POSITIVE | The high ADX value value for COR suggests a strong trend. |
COR Chart- and CandleStick Pattern Analysis
COR Technicals: Chart, Performance Metrics, Trend & Indicators
304
-4.01 (-1.3%)
CENCORA INC / COR TA FAQ
What is the technical rating for COR stock?
ChartMill assigns a technical rating of 0 / 10 to COR.
What is the trend direction for COR stock?
The current trend direction for CENCORA INC (COR) is Bearish.
Can you provide the RSI signal for CENCORA INC?
CENCORA INC (COR) has an RSI value of 34.542. This indicates that the stock is currently neutral.
What is the MACD signal for CENCORA INC (COR) stock?
The MACD indicator for CENCORA INC (COR) has a value of -0.140624, indicating a bearish trend.
What is the buy/sell signal for CENCORA INC (COR) stock?
The buy/sell signal for CENCORA INC (COR) is sell as both the short term and long term trends are negative.