NASDAQ:CORZ - Nasdaq - US21874A1060 - Common Stock - Currency: USD
Taking everything into account, CORZ scores 8 out of 10 in our technical rating. 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.
Although CORZ has an excellent technical rating, it 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.
6.90
When analyzing the support we notice one important area.
We found 1 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for CORZ is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CORZ is up. |
ChartMill Relative Strength | 96.86 | POSITIVE | CORZ has a high relative strength, it outperformed 96.86% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CORZ is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CORZ is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of CORZ is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 72.27 | OVERBOUGHT | The high RSI value suggests CORZ may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CORZ has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 84.59 | OVERBOUGHT | The high Stochastics value suggests CORZ may be overbought. |
Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for CORZ suggests high volalility. |
Average Directional Index/ADX (14) | 29.77 | POSITIVE | The high ADX value value for CORZ suggests a strong trend. |
10.83
+0.05 (+0.46%)