CORNERSTONE TOTAL RETURN (CRF) Stock Technical Analysis
NYSEARCA:CRF • US21924U3005
We assign a technical rating of 0 out of 10 to CRF. CRF'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.
- 77% of all other stocks performed better in the past year than CRF.
- In the last month CRF has a been trading in the 7.49 - 8.03 range, which is quite wide. It is currently trading near the lows of this range.
- CRF has an average volume of 1595300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- CRF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRF is lagging the market.
- Volume is considerably higher in the last couple of days.
The technical rating of CRF is bad and it also does not present a quality setup 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
7.46
We found 1 important support area.
- Support @7.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.72 to 8.22. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for CRF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRF is down. |
| ChartMill Relative Strength | 23.06 | NEGATIVE | CRF has a low relative strength, it was outperformed by 76.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CRF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.14 | NEUTRAL | The RSI value for CRF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CRF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.63 | OVERSOLD | The low Stochastics value suggests CRF may be oversold. |
| Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for CRF suggests low volalility. |
| Average Directional Index/ADX (14) | 30.19 | POSITIVE | The high ADX value value for CRF suggests a strong trend. |
7.6
+0.05 (+0.66%)
CORNERSTONE TOTAL RETURN / CRF FAQ
Can you provide the ChartMill technical rating for CORNERSTONE TOTAL RETURN?
ChartMill assigns a technical rating of 0 / 10 to CRF.
What is the trend direction for CRF stock?
The current trend direction for CORNERSTONE TOTAL RETURN (CRF) is Bearish.
What is the RSI signal for CRF stock?
CORNERSTONE TOTAL RETURN (CRF) has an RSI value of 32.1447. This indicates that the stock is currently neutral.
What is the short term momentum for CRF stock?
The short term momentum for CORNERSTONE TOTAL RETURN (CRF) is negative.
What are the support and resistance levels for CORNERSTONE TOTAL RETURN (CRF) stock?
CORNERSTONE TOTAL RETURN (CRF) has a support level at 7.54 and a resistance level at 7.72. Check the full technical report for our detailed analysis of CRF support and resistance levels.