COREBRIDGE FINANCIAL INC (CRBG) Stock Technical Analysis
NYSE:CRBG - New York Stock Exchange, Inc. - US21871X1090 - Common Stock - Currency: USD
Overall CRBG gets a technical rating of 6 out of 10. In the last year, CRBG was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month CRBG has a been trading in the 33.02 - 36.57 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CRBG is one of the better performing stocks in the market, outperforming 76% of all stocks. On top of that, CRBG also shows a nice and consistent pattern of rising prices.
CRBG is one of the better performing stocks in the Financial Services industry, it outperforms 78% of 101 stocks in the same industry.
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 3400530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Volume is considerably higher in the last couple of days.
CRBG has an average technical rating and the quality of the presented setup is also not ideal 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
25.95
36.31
3 important support areas can be observed.
- A support zone ranging from 33.19 to 33.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.27 from a trend line in the weekly time frame.
- Support @26.21 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- 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 | DOWN | NEGATIVE | The short term trend for CRBG is down. |
| ChartMill Relative Strength | 76.06 | POSITIVE | CRBG has a high relative strength, it outperformed 76.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRBG is below 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) | 39.85 | NEUTRAL | The RSI value for CRBG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests CRBG has a negative trend. |
| Stochastics (14,3) | 12.4 | OVERSOLD | The low Stochastics value suggests CRBG may be oversold. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for CRBG suggests some volalility. |
| Average Directional Index/ADX (14) | 12.01 | 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 |
|---|---|---|---|
| 34.69 | 33.18 | 1.51 (4.36%) | 22.93% |
| An entry @34.69. This is a Buy Stop order right above the 10 day moving average. | An exit @33.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.51 points, which is 4.36%. | For a 1.00% total portfolio risk, you can invest 22.93% 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.
33.3
+0.1 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.3%
1 Week-3.42%
2 Weeks-6.54%
1 Month-3.48%
3 Month6.94%
6 Month-0.45%
12 Month26.81%
2 Year86.76%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%2.59%
ATR Inc-13.09%
Range Today0.35
ADR(20)0.8
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.06
Mansfield-0.26
10 Day High36.57
10 Day Low33.03
20 Day High36.57
20 Day Low33.03
52 Week High36.57
52 Week Low23.69
CS1 End33.29
CR1 Start35.83
Volume & EV
DER(3)1.52%
DER(5)3.09%
Volume7.46M
Volume Incr250.34%
Vol(5)8.23M
Vol(50)3.40M