COREBRIDGE FINANCIAL INC (CRBG) Stock Technical Analysis
NYSE:CRBG - US21871X1090 - Common Stock
34.45 USD
-0.32 (-0.92%)
34.45 USD
0 (0%)
Taking everything into account, CRBG scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, CRBG did better than 75% of all other stocks.
CRBG is part of the Financial Services industry. There are 102 other stocks in this industry. CRBG outperforms 77% of them.
CRBG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CRBG is lagging the market slightly.
CRBG has an average volume of 3599780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CRBG has a been trading in the 33.02 - 36.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CRBG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 34.25, a Stop Loss order could be placed below this zone.
More info and screens
25.95
36.31
3 important support areas can be observed.
- A support zone ranging from 33.19 to 34.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.62 from a trend line in the weekly time frame.
- Support @26.21 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 34.61 to 34.80. 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 35.83 to 35.95. 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 CRBG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRBG is neutral. |
| ChartMill Relative Strength | 75.53 | POSITIVE | CRBG has a high relative strength, it outperformed 75.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CRBG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CRBG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRBG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.53 | NEUTRAL | The RSI value for CRBG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CRBG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.38 | NEUTRAL | The Stochastics value for CRBG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for CRBG suggests some volalility. |
| Average Directional Index/ADX (14) | 10.46 | NEGATIVE | The low ADX value for CRBG 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 |
|---|---|---|---|
| 34.81 | 33.70 | 1.11 (3.19%) | 25.00% |
| An entry @34.81. This is a Buy Stop order right above the resistance zone. | An exit @33.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.11 points, which is 3.19%. | For a 0.80% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
34.45
-0.32 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.92%
1 Week-0.52%
2 Weeks1%
1 Month-0.98%
3 Month3.45%
6 Month7.52%
12 Month28.5%
2 Year74.43%
3 Year74.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%2.12%
ATR Inc18.23%
Range Today0.61
ADR(20)0.69
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.53
Mansfield-0.01
10 Day High35.22
10 Day Low33.71
20 Day High36.57
20 Day Low33.03
52 Week High36.57
52 Week Low23.69
CS1 End34.25
CR1 Start34.61
Volume & EV
DER(3)0.75%
DER(5)-0.81%
Volume3.70M
Volume Incr-56.04%
Vol(5)2.17M
Vol(50)3.60M