CORNERSTONE TOTAL RETURN (CRF) Stock Technical Analysis
USA - NYSEARCA:CRF - US21924U3005
We assign a technical rating of 4 out of 10 to CRF. In the last year, CRF was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
CRF has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 7.94, a Stop Loss order could be placed below this zone.
More info and screens
7.61
2 important support areas can be observed.
- A support zone ranging from 7.86 to 7.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.69 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.97 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 | UP | POSITIVE | The long term trend for CRF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRF is neutral. |
| ChartMill Relative Strength | 30.1 | NEUTRAL | CRF is not amongst the best or worst performers 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) | UP | MIXED | The current price of CRF is below 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) | 45.33 | NEUTRAL | The RSI value for CRF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CRF has a negative trend. |
| Stochastics (14,3) | 60 | NEUTRAL | The Stochastics value for CRF is a neutral value. |
| 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) | 18.29 | NEGATIVE | The low ADX value for CRF suggests a weak or negative trend. |
7.96
-0.04 (-0.5%)
CORNERSTONE TOTAL RETURN / CRF FAQ
Can you provide the ChartMill technical rating for CORNERSTONE TOTAL RETURN?
ChartMill assigns a technical rating of 4 / 10 to CRF.
Can you provide the trend direction for CORNERSTONE TOTAL RETURN?
The current trend direction for CORNERSTONE TOTAL RETURN (CRF) is Bullish.
What is the RSI signal for CRF stock?
CORNERSTONE TOTAL RETURN (CRF) has an RSI value of 45.3342. This indicates that the stock is currently neutral.
What is the MACD signal for CORNERSTONE TOTAL RETURN (CRF) stock?
The MACD indicator for CORNERSTONE TOTAL RETURN (CRF) has a value of -0.00434092, indicating a bearish trend.
What is the support and resistance level for CRF stock?
CORNERSTONE TOTAL RETURN (CRF) has a support level at 7.94 and a resistance level at 7.97. Check the full technical report for our detailed analysis of CRF support and resistance levels.