COREBRIDGE FINANCIAL INC (CRBG) Stock Technical Analysis
USA - NYSE:CRBG - US21871X1090 - Common Stock
31.76 USD
+0.77 (+2.48%)
31.76 USD
0 (0%)
We assign a technical rating of 0 out of 10 to CRBG. CRBG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CRBG is a bad performer in the overall market: 76% of all stocks are doing better.
In the last month CRBG has a been trading in the 30.46 - 33.88 range, which is quite wide. It is currently trading near the lows of this range.
CRBG has an average volume of 3496040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CRBG is part of the Financial Services industry. There are 99 other stocks in this industry, CRBG did better than 51% of them.
CRBG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRBG is lagging the market.
Although the technical rating is bad, CRBG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 30.99, a Stop Loss order could be placed below this zone.
More info and screens
25.95
36.31
We found 2 important support areas.
- A support zone ranging from 30.63 to 30.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.21 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 31.76 to 33.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for CRBG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRBG is down. |
| ChartMill Relative Strength | 24.97 | NEGATIVE | CRBG has a low relative strength, it was outperformed by 75.03% 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) | DOWN | NEGATIVE | The current price of CRBG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CRBG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.84 | NEUTRAL | The RSI value for CRBG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CRBG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.42 | NEUTRAL | The Stochastics value for CRBG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for CRBG suggests some volalility. |
| Average Directional Index/ADX (14) | 19.9 | 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)
31.76
+0.77 (+2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg2.48%
1 Week0.63%
2 Weeks-1.37%
1 Month-4.97%
3 Month-10.86%
6 Month7.62%
12 Month0.67%
2 Year58.8%
3 Year40.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%2.6%
ATR Inc-23.27%
Range Today0.75
ADR(20)0.8
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.97
Mansfield-1.14
10 Day High32.99
10 Day Low30.47
20 Day High33.88
20 Day Low30.47
52 Week High36.57
52 Week Low23.69
CS1 End30.99
CR1 Start31.76
Volume & EV
DER(3)-0.92%
DER(5)-0.82%
Volume2.51M
Volume Incr-5.84%
Vol(5)3.33M
Vol(50)3.50M