NASDAQ:CORO - Nasdaq - US09290C7645 - ETF - Currency: USD
Overall CORO gets a technical rating of 6 out of 10. Although CORO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CORO has an average technical rating and it also does not offer a high quality setup 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.
23.27
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 CORO is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CORO is up. |
ChartMill Relative Strength | 0 | NEGATIVE | CORO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CORO is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CORO is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 61.38 | NEUTRAL | The RSI value for CORO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CORO has a positive trend. |
Stochastics (14,3) | 75.27 | NEUTRAL | The Stochastics value for CORO is a neutral value. |
Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for CORO suggests low volalility. |
Average Directional Index/ADX (14) | 21.66 | NEUTRAL | The ADX value for CORO suggests a possible start of a new trend. |
NASDAQ:CORO (8/8/2025, 4:30:01 PM)
28.755
+0.11 (+0.37%)