We assign a technical rating of 2 out of 10 to CORZ. In the last year, CORZ was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
CORZ 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.
8.73
We found 2 important support areas.
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 | NEUTRAL | NEUTRAL | The long term trend for CORZ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CORZ is down. |
| ChartMill Relative Strength | 54.49 | NEUTRAL | CORZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CORZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CORZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CORZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.55 | NEUTRAL | The RSI value for CORZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests CORZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.62 | NEUTRAL | The Stochastics value for CORZ is a neutral value. |
| Average True Range in percent/ATR (20) | 10.22 | HIGH VOLATILITY | The high ATR as a percentage value for CORZ suggests high volalility. |
| Average Directional Index/ADX (14) | 21.53 | NEUTRAL | The ADX value for CORZ suggests a possible start of a new trend. |
16.18
+0.63 (+4.05%)
ChartMill assigns a technical rating of 2 / 10 to CORZ.
The current trend direction for CORE SCIENTIFIC INC (CORZ) is Bearish.
CORE SCIENTIFIC INC (CORZ) has an RSI value of 43.5516. This indicates that the stock is currently neutral.
The short term momentum for CORE SCIENTIFIC INC (CORZ) is negative.