We assign a technical rating of 4 out of 10 to CORZ. In the past year, CORZ was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
CORZ is one of the better performing stocks in the Software industry, it outperforms 95% of 281 stocks in the same industry.
In the last month CORZ has a been trading in the 6.20 - 8.93 range, which is quite wide. It is currently trading near the high of this range.
CORZ has an average volume of 18531300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Looking at the yearly performance, CORZ did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CORZ is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.