CENCORA INC (COR) Technical Analysis
NYSE:COR • US03073E1055
Current stock price
COR Technical Rating and Analysis
Overall COR gets a technical rating of 1 out of 10. COR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month COR has a been trading in the 308.48 - 362.27 range, which is quite wide. It is currently trading near the lows of this range.
- COR has an average volume of 1393450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, COR turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- COR is an average performer in the Health Care Providers & Services industry, it outperforms 63% of 100 stocks in the same industry.
- COR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so COR is lagging the market slightly.
COR Weekly and Daily overview Charts
COR Setup Rating and Analysis
Although the technical rating is bad, COR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 312.44, a Stop Loss order could be placed below this zone.
More info and screens
COR Support and Resistance Analysis
299.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 309.92 to 312.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @302.76 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 368.93 to 374.75. 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 | 50.7 | NEUTRAL | COR is not amongst the best or worst performers 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) | 42.29 | NEUTRAL | The RSI value for COR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests COR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.05 | NEUTRAL | The Stochastics value for COR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for COR suggests some volalility. |
| Average Directional Index/ADX (14) | 45.58 | 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
324.8
+7.14 (+2.25%)
CENCORA INC / COR TA FAQ
What is the technical rating for COR stock?
ChartMill assigns a technical rating of 1 / 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 42.2868. 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 -0.801996, 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.