CORTICEIRA AMORIM SA (COR.LS) Stock Technical Analysis
ELI:COR - Euronext Lisbon - PTCOR0AE0006 - Common Stock - Currency: EUR
Taking everything into account, COR scores 1 out of 10 in our technical rating. COR'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, COR is a bad performer in the overall market: 84% of all stocks are doing better.
COR is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
COR is part of the Containers & Packaging industry. There are 13 other stocks in this industry, COR did better than 58% of them.
In the last month COR has a been trading in a tight range between 8.10 and 8.55.
Although the technical rating is bad, COR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.27, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.82
9.67
We found 3 important support areas.
- A support zone ranging from 8.20 to 8.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.07 from a horizontal line in the daily time frame.
- A support zone ranging from 7.90 to 7.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.32 to 8.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.57 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.74
Mansfield-1
10 Day High8.43
10 Day Low8.19
20 Day High8.55
20 Day Low8.1
52 Week High10.08
52 Week Low7.87
Performance
1 Week0.85%
2 Weeks1.47%
1 Month-0.72%
3 Month-1.43%
6 Month-7.49%
12 Month-11.83%
2 Year-17.3%
3 Year-17.79%
5 Year0%
10 Year104.2%
15 Year770.53%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)48.53
LBB8.11
UBB8.48
ELI:COR (3/7/2025, 7:00:00 PM)
8.27
+0.01 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.12%
1 Week0.85%
2 Weeks1.47%
1 Month-0.72%
3 Month-1.43%
6 Month-7.49%
12 Month-11.83%
2 Year-17.3%
3 Year-17.79%
5 Year0%
10 Year104.2%
15 Year770.53%
Volatility
ATR(14)0.14
ATR(20)%1.58%
ATR Inc-48.78%
Range Today0.08
ADR(20)0.12
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.74
Mansfield-1
10 Day High8.43
10 Day Low8.19
20 Day High8.55
20 Day Low8.1
52 Week High10.08
52 Week Low7.87
CS1 End8.27
CR1 Start8.32
Volume & EV
DER(3)0.99%
DER(5)1.24%
Volume89.02K
Volume Incr-23.1%
Vol(5)45.40K
Vol(50)51.73K