Core Mark Holding (CORE) Technical Analysis
NASDAQ:CORE
Current stock price
CORE Technical Rating and Analysis
Overall CORE gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CORE is only an average performer.
- The long and short term trends are both positive. This is looking good!
- CORE is part of the Distributors industry. There are 23 other stocks in this industry. CORE outperforms 81% of them.
- CORE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CORE is lagging the market slightly.
- In the last month CORE has a been trading in the 41.00 - 46.24 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, CORE turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- Volume is considerably higher in the last couple of days.
CORE Weekly and Daily overview Charts
CORE Setup Rating and Analysis
Although CORE has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
CORE Support and Resistance Analysis
35.62
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.84 to 44.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.59 to 41.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.16 to 47.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
CORE 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 | UP | POSITIVE | The long term trend for CORE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CORE is up. |
| ChartMill Relative Strength | 63.16 | NEUTRAL | CORE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CORE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CORE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CORE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.15 | NEUTRAL | The RSI value for CORE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests CORE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.93 | OVERBOUGHT | The high Stochastics value suggests CORE may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CORE suggests some volalility. |
CORE Chart- and CandleStick Pattern Analysis
CORE Technicals: Chart, Performance Metrics, Trend & Indicators
45.65
-0.35 (-0.76%)
Core Mark Holding / CORE TA FAQ
What is the technical rating for CORE stock?
ChartMill assigns a technical rating of 7 / 10 to CORE.
What is the trend direction for CORE stock?
The current trend direction for Core Mark Holding (CORE) is Bullish.
What is the RSI signal for Core Mark Holding (CORE) stock?
Core Mark Holding (CORE) has an RSI value of 63.146. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Core Mark Holding?
The MACD indicator for Core Mark Holding (CORE) has a value of 0.328739, indicating a bearish trend.
What are the support and resistance levels for Core Mark Holding (CORE) stock?
Core Mark Holding (CORE) has a support level at 44.29 and a resistance level at 47.16. Check the full technical report for our detailed analysis of CORE support and resistance levels.