CORECIVIC INC (CXW) Stock Technical Analysis
USA - NYSE:CXW - US21871N1019 - Common Stock
Taking everything into account, CXW scores 0 out of 10 in our technical rating. CXW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CXW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.95, a Stop Loss order could be placed below this zone.
More info and screens
16.58
We found 1 important support area.
- A support zone ranging from 16.75 to 16.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 17.92 to 18.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.78 to 19.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.02 to 21.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.52 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for CXW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CXW is down. |
| ChartMill Relative Strength | 15.7 | NEGATIVE | CXW has a low relative strength, it was outperformed by 84.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CXW is below a declining 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) | DOWN | NEGATIVE | The current price of CXW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.79 | NEUTRAL | The RSI value for CXW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CXW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.9 | NEUTRAL | The Stochastics value for CXW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for CXW suggests some volalility. |
| Average Directional Index/ADX (14) | 16.75 | NEGATIVE | The low ADX value for CXW suggests a weak or negative trend. |
17.19
+0.44 (+2.63%)
CORECIVIC INC / CXW FAQ
Can you provide the ChartMill technical rating for CORECIVIC INC?
ChartMill assigns a technical rating of 0 / 10 to CXW.
What is the current trend direction of CORECIVIC INC (CXW) stock?
The current trend direction for CORECIVIC INC (CXW) is Bearish.
What is the RSI signal for CORECIVIC INC (CXW) stock?
CORECIVIC INC (CXW) has an RSI value of 39.7948. This indicates that the stock is currently neutral.
What is the MACD signal for CORECIVIC INC (CXW) stock?
The MACD indicator for CORECIVIC INC (CXW) has a value of -0.0666759, indicating a bearish trend.
What is the support and resistance level for CXW stock?
CORECIVIC INC (CXW) has a support level at 16.95 and a resistance level at 17.92. Check the full technical report for our detailed analysis of CXW support and resistance levels.