Core Mark Holding (CORE) Stock Technical Analysis
NASDAQ:CORE - Nasdaq -
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 one of the better performing stocks in the Distributors industry, it outperforms 72% of 19 stocks in the same industry.
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 compared to the yearly performance of all other stocks, CORE outperforms 63% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
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
35.62
47.63
3 important support areas can be observed.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
45.65
-0.35 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-0.76%
1 Week4.13%
2 Weeks5.43%
1 Month11.07%
3 Month0.07%
6 Month23.11%
12 Month39.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%2.08%
ATR Inc39.94%
Range Today1.23
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.16
Mansfield0.73
10 Day High46.24
10 Day Low41.71
20 Day High46.24
20 Day Low41
52 Week High47.84
52 Week Low26.84
CS1 End44.29
CR1 Start47.16
Volume & EV
DER(3)-3.26%
DER(5)-3.42%
Volume2.31M
Volume Incr96.56%
Vol(5)1.06M
Vol(50)522.39K