We assign a technical rating of 3 out of 10 to CRF. In the last year, CRF was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
CRF has a poor technical rating and the quality of the setup is also only medium 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.
7.61
We found 1 important support area.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for CRF is neutral. |
| ChartMill Relative Strength | 29.64 | NEGATIVE | CRF has a low relative strength, it was outperformed by 70.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CRF is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CRF is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.77 | NEUTRAL | The RSI value for CRF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CRF has a positive trend. |
| Stochastics (14,3) | 68.93 | NEUTRAL | The Stochastics value for CRF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for CRF suggests low volalility. |
| Average Directional Index/ADX (14) | 23.62 | NEUTRAL | The ADX value for CRF suggests a possible start of a new trend. |
7.99
+0.04 (+0.5%)
ChartMill assigns a technical rating of 3 / 10 to CRF.
The current trend direction for CORNERSTONE TOTAL RETURN (CRF) is Bearish.
CORNERSTONE TOTAL RETURN (CRF) has an RSI value of 54.77. This indicates that the stock is currently neutral.
The MACD indicator for CORNERSTONE TOTAL RETURN (CRF) has a value of 0.00716971, indicating a bearish trend.
CORNERSTONE TOTAL RETURN (CRF) has a support level at 7.99 and a resistance level at 8. Check the full technical report for our detailed analysis of CRF support and resistance levels.