CORNERSTONE TOTAL RETURN FND (CRF)
US21924U3005
We assign a technical rating of 2 out of 10 to CRF. Recently some decent action could be observed, but in the medium term time frame this is still negative. CRF was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CRF is a bad performer in the overall market: 71% of all stocks are doing better.
In the last month CRF has a been trading in the 6.65 - 7.29 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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.
Although the technical rating is bad, CRF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.22. Right above this resistance zone may be a good entry point. 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
6.92
8.55
When analyzing the support we notice one important area.
- Support @6.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.22 to 7.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.61 from a horizontal line in the daily time frame.
- Resistance @7.94 from a trend line in the weekly time frame.
- Resistance @8.47 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.53
Mansfield-1.25
10 Day High7.25
10 Day Low6.95
20 Day High7.29
20 Day Low6.65
52 Week High8.56
52 Week Low6.05
Performance
1 Week1.69%
2 Weeks1.98%
1 Month9.91%
3 Month-12.18%
6 Month-6.12%
12 Month-12.39%
2 Year-46.51%
3 Year-34.9%
5 Year-41.9%
10 Year-68.71%
15 Year-78.18%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)54.69
LBB7
UBB7.25
CORNERSTONE TOTAL RETURN FND
NYSEARCA:CRF (11/29/2023, 7:04:03 PM)
After market: 7.2 -0.01 (-0.14%)7.21
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week1.69%
2 Weeks1.98%
1 Month9.91%
3 Month-12.18%
6 Month-6.12%
12 Month-12.39%
2 Year-46.51%
3 Year-34.9%
5 Year-41.9%
10 Year-68.71%
15 Year-78.18%
Volatility
ATR(14)0.1
ATR(20)%1.94%
ATR Inc-51.47%
Range Today0.06
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.53
Mansfield-1.25
10 Day High7.25
10 Day Low6.95
20 Day High7.29
20 Day Low6.65
52 Week High8.56
52 Week Low6.05
CS1 End6.99
CR1 Start7.22
Volume & EV
DER(3)0.88%
DER(5)5.68%
Volume384.20K
Volume Incr-60.77%
Vol(5)369.76K
Vol(50)966.57K