CENCORA INC (COR) Stock Technical Analysis
NYSE:COR - New York Stock Exchange, Inc. - US03073E1055 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to COR. In the last year, COR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month COR has a been trading in the 237.71 - 262.25 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
COR has an average volume of 1379410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, COR outperforms 43% of them, which is more or less in line with the market.
COR is part of the Health Care Providers & Services industry. There are 108 other stocks in this industry, COR did better than 55% of them.
COR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COR is lagging the market.
COR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 241.33, a Stop Loss order could be placed below this zone.
More info and screens
214.04
261.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 236.67 to 241.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @231.59 from a trend line in the weekly time frame.
- A support zone ranging from 216.20 to 222.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @254.22 from a horizontal line in the weekly time frame.
- Resistance @258.47 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.48
Mansfield-0.47
10 Day High249.47
10 Day Low237.71
20 Day High262.26
20 Day Low237.71
52 Week High262.26
52 Week Low214.77
Performance
1 Week-1.27%
2 Weeks-1.91%
1 Month-2.63%
3 Month-1.47%
6 Month1.55%
12 Month1.75%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-1.38
RSI(14)44.19
LBB238.33
UBB254.38
241.43
-2.03 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.83%
1 Week-1.27%
2 Weeks-1.91%
1 Month-2.63%
3 Month-1.47%
6 Month1.55%
12 Month1.75%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.95
ATR(20)%1.96%
ATR Inc-42.6%
Range Today2.77
ADR(20)4.52
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.48
Mansfield-0.47
10 Day High249.47
10 Day Low237.71
20 Day High262.26
20 Day Low237.71
52 Week High262.26
52 Week Low214.77
CS1 End241.33
CR1 Start254.22
Volume & EV
DER(3)1.9%
DER(5)1.02%
Volume1.06M
Volume Incr-21.62%
Vol(5)1.27M
Vol(50)1.38M