CORE SCIENTIFIC INC - 27 (CORZW) Stock Technical Analysis
USA - NASDAQ:CORZW -
12.06 USD
+0.41 (+3.52%)
12.4 USD
+0.34 (+2.82%)
Taking everything into account, CORZW scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CORZW has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CORZW did better than 93% of all other stocks.
A new 52 week high is currently being made by CORZW, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CORZW has a been trading in the 9.65 - 12.77 range, which is quite wide. It is currently trading near the high of this range.
Although CORZW has an excellent technical rating, it does not present a decent entry opportunity 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
7.51
12.18
4 important support areas can be observed.
- Support @11.13 from a trend line in the daily time frame.
- Support @10.68 from a horizontal line in the daily time frame.
- Support @8.72 from a trend line in the daily time frame.
- Support @7.59 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for CORZW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CORZW is up. |
| ChartMill Relative Strength | 93.97 | POSITIVE | CORZW has a high relative strength, it outperformed 93.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CORZW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CORZW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CORZW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.66 | NEUTRAL | The RSI value for CORZW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CORZW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.26 | NEUTRAL | The Stochastics value for CORZW is a neutral value. |
| Average True Range in percent/ATR (20) | 6.09 | HIGH VOLATILITY | The high ATR as a percentage value for CORZW suggests high volalility. |
| Average Directional Index/ADX (14) | 27.58 | POSITIVE | The high ADX value value for CORZW suggests a strong trend. |
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)
12.06
+0.41 (+3.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.52%
1 Week5.33%
2 Weeks14.86%
1 Month26.68%
3 Month78.4%
6 Month323.16%
12 Month55.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%6.09%
ATR Inc30.56%
Range Today1.02
ADR(20)0.7
ADR(20)%5.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.97
Mansfield5.07
10 Day High12.77
10 Day Low10.26
20 Day High12.77
20 Day Low9.65
52 Week High12.77
52 Week Low2.3
CS1 End11.13
CR1 StartN/A
Volume & EV
DER(3)12.65%
DER(5)6.26%
Volume870.38K
Volume Incr-6.79%
Vol(5)661.19K
Vol(50)716.03K