CORE SCIENTIFIC INC - 27 (CORZW) Stock Technical Analysis
NASDAQ:CORZW -
7.42 USD
-0.17 (-2.3%)
We assign a technical rating of 7 out of 10 to CORZW. In the last year, CORZW was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that CORZW is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CORZW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CORZW is lagging the market.
In the last month CORZW has a been trading in the 6.25 - 8.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, CORZW also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
6.55
11.55
When analyzing the support we can see 3 important areas.
- Support @7.17 from a trend line in the daily time frame.
- Support @6.76 from a horizontal line in the daily time frame.
- A support zone ranging from 6.62 to 6.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @7.43 from a trend line in the weekly time frame.
- A resistance zone ranging from 7.97 to 8.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.31 to 8.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.43 to 11.44. 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 | UP | POSITIVE | The long term trend for CORZW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CORZW is neutral. |
| ChartMill Relative Strength | 87.54 | POSITIVE | CORZW has a high relative strength, it outperformed 87.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CORZW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CORZW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CORZW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.12 | NEUTRAL | The RSI value for CORZW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CORZW has a negative trend. |
| Stochastics (14,3) | 42.47 | NEUTRAL | The Stochastics value for CORZW is a neutral value. |
| Average True Range in percent/ATR (20) | 9.86 | HIGH VOLATILITY | The high ATR as a percentage value for CORZW suggests high volalility. |
| Average Directional Index/ADX (14) | 10.82 | NEGATIVE | The low ADX value for CORZW suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.44 | 7.16 | 0.28 (3.76%) | 25.00% |
| An entry @7.44. This is a Buy Stop order right above the resistance zone. | An exit @7.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.28 points, which is 3.76%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
- The distance between exit and entry is rather small compared to the average daily movement of CORZW. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:CORZW (8/22/2025, 8:00:35 PM)
7.42
-0.17 (-2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.3%
1 Week-7.83%
2 Weeks-10.71%
1 Month-2.62%
3 Month39.21%
6 Month32.97%
12 Month26.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%9.86%
ATR Inc8.64%
Range Today0.78
ADR(20)0.68
ADR(20)%9.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.54
Mansfield-0.21
10 Day High8.91
10 Day Low7.08
20 Day High8.91
20 Day Low6.25
52 Week High12.47
52 Week Low2.3
CS1 End7.17
CR1 Start7.43
Volume & EV
DER(3)0.6%
DER(5)2.76%
Volume866.40K
Volume Incr58.22%
Vol(5)806.54K
Vol(50)649.65K