CORECIVIC INC (CXW) Stock Technical Analysis
NYSE:CXW - New York Stock Exchange, Inc. - US21871N1019 - Common Stock - Currency: USD
Taking everything into account, CXW scores 4 out of 10 in our technical rating. Although CXW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CXW is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry. CXW outperforms 83% of them.
CXW has an average volume of 1013140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that CXW is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CXW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CXW is lagging the market.
In the last month CXW has a been trading in the 19.27 - 21.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CXW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 20.27, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CXW 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
18.87
23.28
2 important support areas can be observed.
- A support zone ranging from 19.60 to 20.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.06 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.49 to 22.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 86.89 | POSITIVE | CXW has a high relative strength, it outperformed 86.89% 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) | DOWN | NEGATIVE | The current price of CXW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CXW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.68 | NEUTRAL | The RSI value for CXW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CXW has a positive trend. |
| Stochastics (14,3) | 57.84 | NEUTRAL | The Stochastics value for CXW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for CXW suggests some volalility. |
| Average Directional Index/ADX (14) | 19.05 | 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)
20.82
+0.36 (+1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.76%
1 Week1.56%
2 Weeks6.17%
1 Month0.05%
3 Month-4.89%
6 Month10.57%
12 Month63.68%
2 Year93.49%
3 Year118.47%
5 Year123.63%
10 Year-29.14%
15 Year-6.68%
Volatility
ATR(14)0.79
ATR(20)%3.6%
ATR Inc-41.84%
Range Today0.7
ADR(20)0.72
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.89
Mansfield-0.21
10 Day High21.65
10 Day Low19.27
20 Day High21.65
20 Day Low19.27
52 Week High24.99
52 Week Low12.13
CS1 End20.27
CR1 Start22.49
Volume & EV
DER(3)3.08%
DER(5)3.42%
Volume951.00K
Volume Incr-3.53%
Vol(5)1.04M
Vol(50)1.01M