We assign a technical rating of 0 out of 10 to CORX. CORX'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.
CORX has a poor technical rating and the quality of the setup is also not perfect 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
9.70
2 important support areas can be observed.
- A support zone ranging from 10.05 to 10.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.80 to 9.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @10.35 from a trend line in the weekly time frame.
- A resistance zone ranging from 10.56 to 10.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @11.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.43 to 11.49. 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 | DOWN | NEGATIVE | The long term trend for CORX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CORX is down. |
| ChartMill Relative Strength | 13.84 | NEGATIVE | CORX has a low relative strength, it was outperformed by 86.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CORX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CORX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CORX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.52 | NEUTRAL | The RSI value for CORX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CORX has a positive trend. |
| Stochastics (14,3) | 58.23 | NEUTRAL | The Stochastics value for CORX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for CORX suggests low volalility. |
| Average Directional Index/ADX (14) | 12.18 | NEGATIVE | The low ADX value for CORX suggests a weak or negative trend. |
NYSEARCA:CORX (1/7/2026, 8:04:00 PM)
10.275
+0.13 (+1.23%)
2X CORN ETF / CORX FAQ
What is the technical rating for CORX stock?
ChartMill assigns a technical rating of 0 / 10 to CORX.
What is the current trend direction of 2X CORN ETF (CORX) stock?
The current trend direction for 2X CORN ETF (CORX) is Bearish.
What is the RSI signal for CORX stock?
2X CORN ETF (CORX) has an RSI value of 48.5164. This indicates that the stock is currently neutral.
What is the short term momentum for CORX stock?
The short term momentum for 2X CORN ETF (CORX) is negative.
What are the support and resistance levels for 2X CORN ETF (CORX) stock?
2X CORN ETF (CORX) has a support level at 10.25 and a resistance level at 10.35. Check the full technical report for our detailed analysis of CORX support and resistance levels.