CORENERGY INFRASTRUCTURE TRU (CORR)

US21870U5020 - REIT

0.45  -0.01 (-2.17%)

Technical Rating and Analysis

0

Overall CORR gets a technical rating of 0 out of 10. CORR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CORR is a bad performer in the overall market: 97% of all stocks are doing better.
CORR is one of the lesser performing stocks in the Specialized REITs industry. 100% of 28 stocks in the same industry do better.
CORR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CORR is lagging the market.
In the last month CORR has a been trading in the 0.41 - 0.65 range, which is quite wide. It is currently trading near the lows of this range.
Weekly and Daily overview Charts
CORR Weekly chart
CORR Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, CORR does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for CORR in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.45

0.64

We found 1 important support area.

  • Support @0.45 from a trend line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • Resistance @0.47 from a horizontal line in the daily time frame.
  • Resistance @0.50 from a trend line in the daily time frame.
  • Resistance @0.61 from a trend line in the weekly time frame.
  • A resistance zone ranging from 0.63 to 0.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.13
Mansfield-6.69
10 Day High0.51
10 Day Low0.42
20 Day High0.65
20 Day Low0.41
52 Week High3.13
52 Week Low0.41
Performance
1 Week-2.17%
2 Weeks9.73%
1 Month-28.95%
3 Month-51.09%
6 Month-55.88%
12 Month-84.8%
2 Year-85.62%
3 Year-93.43%
5 Year-98.64%
10 Year-98.74%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)35.2
LBB0.42
UBB0.49
CORR Daily chart

CORENERGY INFRASTRUCTURE TRU

NYSE:CORR (12/1/2023, 7:04:00 PM)

0.45

-0.01 (-2.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-2.17%
1 Week-2.17%
2 Weeks9.73%
1 Month-28.95%
3 Month-51.09%
6 Month-55.88%
12 Month-84.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%11.77%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.51
10 Day Low0.42
20 Day High0.65
20 Day Low0.41
52 Week High3.13
52 Week Low0.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume86.90K
Volume Incr-1.57%
Vol(5)61.68K
Vol(50)50.28K