CORNERSTONE TOTAL RETURN (CRF) Stock Technical Analysis
NYSEARCA:CRF - NYSE Arca - US21924U3005 - Currency: USD
Taking everything into account, CRF scores 1 out of 10 in our technical rating. CRF 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CRF is a bad performer in the overall market: 75% of all stocks are doing better.
CRF has an average volume of 1377310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CRF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRF is lagging the market slightly.
In the last month CRF has a been trading in the 6.60 - 7.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CRF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.97, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CRF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.37
8.34
3 important support areas can be observed.
- A support zone ranging from 6.92 to 6.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.61 to 6.66. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @6.43 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.07 to 7.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.47 from a horizontal line in the daily time frame.
- Resistance @7.99 from a trend line in the weekly time frame.
- Resistance @8.26 from a trend 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 | DOWN | NEGATIVE | The long term trend for CRF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRF is neutral. |
| ChartMill Relative Strength | 25.21 | NEGATIVE | CRF has a low relative strength, it was outperformed by 74.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CRF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.56 | NEUTRAL | The RSI value for CRF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CRF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.62 | NEUTRAL | The Stochastics value for CRF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for CRF suggests low volalility. |
| Average Directional Index/ADX (14) | 24.14 | NEUTRAL | The ADX value for CRF suggests a possible start of a new 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)
7.05
-0.07 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.98%
1 Week-0.14%
2 Weeks3.83%
1 Month5.07%
3 Month-20.61%
6 Month-21.75%
12 Month-6.62%
2 Year-6.75%
3 Year-33.18%
5 Year-28.72%
10 Year-69.74%
15 Year-81.23%
Volatility
ATR(14)0.14
ATR(20)%1.83%
ATR Inc-28.32%
Range Today0.12
ADR(20)0.11
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.21
Mansfield-1.33
10 Day High7.27
10 Day Low6.86
20 Day High7.27
20 Day Low6.6
52 Week High9.75
52 Week Low5.81
CS1 End6.97
CR1 Start7.07
Volume & EV
DER(3)-0.95%
DER(5)4.69%
Volume1.29M
Volume Incr-30.55%
Vol(5)926.85K
Vol(50)1.38M