ALLCORE SPA (CORE.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:CORE - IT0005461303 - Common Stock
Overall CORE gets a technical rating of 0 out of 10. CORE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CORE is a bad performer in the overall market: 91% of all stocks are doing better.
- CORE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- CORE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: CORE has an average volume of 17151 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- CORE is part of the Professional Services industry. There are 35 other stocks in this industry, CORE did better than 47% of them.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CORE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.31, a Stop Loss order could be placed below this zone.
More info and screens
1.28
When analyzing the support we notice one important area.
- A support zone ranging from 1.29 to 1.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.39 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.52 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.60 to 1.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.71 from a horizontal line in the daily time frame.
- Resistance @1.77 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 CORE.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CORE.MI is down. |
| ChartMill Relative Strength | 9.55 | NEGATIVE | CORE.MI has a low relative strength, it was outperformed by 90.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CORE.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CORE.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 39.23 | NEUTRAL | The RSI value for CORE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CORE.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.68 | NEUTRAL | The Stochastics value for CORE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for CORE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.62 | NEUTRAL | The ADX value for CORE.MI suggests a possible start of a new trend. |
BIT:CORE (1/13/2026, 7:00:00 PM)
1.375
+0 (+0.36%)
ALLCORE SPA / CORE.MI FAQ
What is the technical rating for CORE stock?
ChartMill assigns a technical rating of 0 / 10 to CORE.MI.
What is the trend direction for CORE stock?
The current trend direction for ALLCORE SPA (CORE.MI) is Bearish.
What is the RSI signal for CORE stock?
ALLCORE SPA (CORE.MI) has an RSI value of 39.2287. This indicates that the stock is currently neutral.
What is the short term momentum for CORE stock?
The short term momentum for ALLCORE SPA (CORE.MI) is negative.
What is the buy/sell signal for ALLCORE SPA (CORE.MI) stock?
The buy/sell signal for ALLCORE SPA (CORE.MI) is sell as both the short term and long term trends are negative.