TEUCRIUM CORN FUND (CORN) Stock Technical Analysis
NYSEARCA:CORN - NYSE Arca - US88166A1025 - ETF - Currency: USD
Taking everything into account, CORN scores 0 out of 10 in our technical rating. CORN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CORN is a bad performer in the overall market: 80% of all stocks are doing better.
CORN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CORN has a been trading in the 17.21 - 18.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CORN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 18.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.81, a Stop Loss order could be placed below this zone.
More info and screens
16.98
21.04
We found 1 important support area.
- A support zone ranging from 17.15 to 17.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 18.04 to 18.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.71 from a horizontal line in the daily time frame.
- Resistance @19.18 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.54 to 19.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.32 from a horizontal line in the weekly time frame.
- Resistance @20.83 from a horizontal line in the weekly 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 CORN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CORN is neutral. |
| ChartMill Relative Strength | 20.89 | NEGATIVE | CORN has a low relative strength, it was outperformed by 79.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CORN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CORN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CORN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.52 | NEUTRAL | The RSI value for CORN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CORN has a positive trend. |
| Stochastics (14,3) | 42.41 | NEUTRAL | The Stochastics value for CORN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for CORN suggests low volalility. |
| Average Directional Index/ADX (14) | 19.73 | NEGATIVE | The low ADX value for CORN suggests a weak or negative trend. |
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)
NYSEARCA:CORN (7/18/2025, 8:04:03 PM)
17.81
+0.26 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.48%
1 Week3.13%
2 Weeks-1.93%
1 Month-3.21%
3 Month-9.04%
6 Month-9.23%
12 Month-0.17%
2 Year-22.87%
3 Year-28.76%
5 Year51.96%
10 Year-23.03%
15 Year-35.68%
Volatility
ATR(14)0.3
ATR(20)%1.6%
ATR Inc-4.53%
Range Today0.2
ADR(20)0.24
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.89
Mansfield-1.11
10 Day High17.86
10 Day Low17.21
20 Day High18.49
20 Day Low17.21
52 Week High20.69
52 Week Low17.02
CS1 End17.81
CR1 Start18.04
Volume & EV
DER(3)0.55%
DER(5)0.8%
Volume26.80K
Volume Incr-40.66%
Vol(5)28.50K
Vol(50)53.31K