CENCORA INC (COR)

US03073E1055 - Common Stock

245.02  -0.67 (-0.27%)

After market: 246.71 +1.69 (+0.69%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to COR. Although COR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
COR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month COR has a been trading in the 227.95 - 251.56 range, which is quite wide. It is currently trading near the high of this range.
COR has an average volume of 1512860 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 61% of them, which is more or less in line with the market.
COR is part of the Health Care Providers & Services industry. There are 113 other stocks in this industry, COR did better than 66% of them.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
COR Weekly chart
COR Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, COR also presents 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 240.79, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

214.04

252.48

2 important support areas can be observed.

  • A support zone ranging from 233.22 to 240.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 245.77 to 249.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.84
Mansfield-0.53
10 Day High251.56
10 Day Low237.48
20 Day High251.56
20 Day Low227.95
52 Week High251.56
52 Week Low195.83
Performance
1 Week1.99%
2 Weeks-1.36%
1 Month4.5%
3 Month3.06%
6 Month11.94%
12 Month21.72%
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)-0.24
RSI(14)58.95
LBB236.28
UBB252.98
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
249.99237.4712.52 (5.01%)19.96%
An entry @249.99. This is a Buy Stop order right above the resistance zone.An exit @237.47. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 12.52 points, which is 5.01%.When investing 19.96% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
COR Daily chart

CENCORA INC

NYSE:COR (11/22/2024, 8:04:00 PM)

After market: 246.71 +1.69 (+0.69%)

245.02

-0.67 (-0.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.27%
1 Week1.99%
2 Weeks-1.36%
1 Month4.5%
3 Month3.06%
6 Month11.94%
12 Month21.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.02
ATR(20)%1.94%
ATR Inc
Range Today2.9
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High251.56
10 Day Low237.48
20 Day High251.56
20 Day Low227.95
52 Week High251.56
52 Week Low195.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume952.30K
Volume Incr-24.42%
Vol(5)961.06K
Vol(50)1.51M