CORECIVIC INC (CXW) Stock Technical Analysis
USA - NYSE:CXW - US21871N1019 - Common Stock
21.1 USD
-0.32 (-1.49%)
20.68 USD
-0.42 (-1.99%)
We assign a technical rating of 5 out of 10 to CXW. In the past year, CXW was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
CXW is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 83% of 84 stocks in the same industry.
CXW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CXW is lagging the market slightly.
In the last month CXW has a been trading in the 19.39 - 21.45 range, which is quite wide. It is currently trading near the high of this range.
CXW has an average volume of 1022130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that CXW is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CXW has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
19.40
23.28
We found 2 important support areas.
- A support zone ranging from 20.10 to 20.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.60 to 19.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @22.52 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 22.97 to 23.05. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for CXW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CXW is neutral. |
| ChartMill Relative Strength | 85.49 | POSITIVE | CXW has a high relative strength, it outperformed 85.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CXW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CXW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CXW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.7 | NEUTRAL | The RSI value for CXW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CXW has a positive trend. |
| Stochastics (14,3) | 79.17 | NEUTRAL | The Stochastics value for CXW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for CXW suggests some volalility. |
| Average Directional Index/ADX (14) | 15.72 | NEGATIVE | The low ADX value for CXW suggests a weak or negative 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)
21.1
-0.32 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-1.49%
1 Week7.27%
2 Weeks4.56%
1 Month3.13%
3 Month2.38%
6 Month3.84%
12 Month60.33%
2 Year87.56%
3 Year138.69%
5 Year163.75%
10 Year-28.57%
15 Year-14.51%
Volatility
ATR(14)0.5
ATR(20)%2.55%
ATR Inc65.18%
Range Today0.43
ADR(20)0.53
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.49
Mansfield-0.45
10 Day High21.45
10 Day Low19.39
20 Day High21.45
20 Day Low19.39
52 Week High24.99
52 Week Low12.24
CS1 End20.7
CR1 Start22.52
Volume & EV
DER(3)1.2%
DER(5)2.77%
Volume1.09M
Volume Incr10.25%
Vol(5)1.08M
Vol(50)1.02M