7.21 0 (0%)
After market: 7.2 -0.01 (-0.14%)
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.
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.
When analyzing the support we notice one important area.
When analyzing the resistance we notice 4 important areas.
CORNERSTONE TOTAL RETURN FND
NYSEARCA:CRF (11/29/2023, 7:04:03 PM)After market: 7.2 -0.01 (-0.14%)