COREBRIDGE FINANCIAL INC (CRBG) Stock Technical Analysis
NYSE:CRBG • US21871X1090
Taking everything into account, CRBG scores 1 out of 10 in our technical rating. CRBG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, CRBG is a bad performer in the overall market: 72% of all stocks are doing better.
- In the last month CRBG has a been trading in the 29.29 - 32.13 range, which is quite wide. It is currently trading near the lows of this range.
- CRBG has an average volume of 5155370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- CRBG is an average performer in the Financial Services industry, it outperforms 50% of 98 stocks in the same industry.
- 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.
CRBG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 29.42, a Stop Loss order could be placed below this zone.
More info and screens
25.95
2 important support areas can be observed.
- A support zone ranging from 29.17 to 29.42. 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 30.66 to 31.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.60 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 | NEUTRAL | NEUTRAL | The long term trend for CRBG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRBG is neutral. |
| ChartMill Relative Strength | 28.03 | NEGATIVE | CRBG has a low relative strength, it was outperformed by 71.97% 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) | DOWN | NEGATIVE | The current price of CRBG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.97 | NEUTRAL | The RSI value for CRBG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CRBG has a negative trend. |
| Stochastics (14,3) | 29.21 | NEUTRAL | The Stochastics value for CRBG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for CRBG suggests some volalility. |
| Average Directional Index/ADX (14) | 19.37 | NEGATIVE | The low ADX value for CRBG suggests a weak or negative trend. |
29.66
-0.41 (-1.36%)
COREBRIDGE FINANCIAL INC / CRBG FAQ
What is the ChartMill technical rating of COREBRIDGE FINANCIAL INC (CRBG) stock?
ChartMill assigns a technical rating of 1 / 10 to CRBG.
What is the current trend direction of COREBRIDGE FINANCIAL INC (CRBG) stock?
The current trend direction for COREBRIDGE FINANCIAL INC (CRBG) is Bearish.
What is the RSI signal for COREBRIDGE FINANCIAL INC (CRBG) stock?
COREBRIDGE FINANCIAL INC (CRBG) has an RSI value of 42.9675. This indicates that the stock is currently neutral.
What is the short term momentum for COREBRIDGE FINANCIAL INC (CRBG) stock?
The short term momentum for COREBRIDGE FINANCIAL INC (CRBG) is neutral.
What is the support and resistance level for CRBG stock?
COREBRIDGE FINANCIAL INC (CRBG) has a support level at 29.42 and a resistance level at 30.66. Check the full technical report for our detailed analysis of CRBG support and resistance levels.