Logo image of CORX

2X CORN ETF (CORX) Stock Technical Analysis

USA - NYSE Arca - NYSEARCA:CORX - US92864M5094 - ETF

9.8 USD
-0.17 (-1.71%)
Last: 12/16/2025, 4:00:12 PM
Technical Rating and Analysis

0

Overall CORX gets a technical rating of 0 out of 10. CORX'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CORX is a bad performer in the overall market: 88% of all stocks are doing better.
CORX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month CORX has a been trading in the 9.90 - 11.13 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: CORX has an average volume of 2416 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
2X CORN ETF / CORX Weekly stock chart
2X CORN ETF / CORX Daily stock chart
Setup Rating and Analysis

2

The technical rating of CORX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

9.70

11.60

We can see 4 important resistance areas.

  • A resistance zone ranging from 9.96 to 10.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 10.54 to 10.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 11.15 to 11.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 11.43 to 11.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for CORX is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for CORX is down.
ChartMill Relative Strength12.61NEGATIVECORX has a low relative strength, it was outperformed by 87.39% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CORX is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of CORX is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CORX is below a declining SMA(200).
Relative Strength Index/RSI (14)35.98NEUTRALThe RSI value for CORX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.05NEGATIVEThe MACD value suggests CORX has a negative trend.
Stochastics (14,3)29.02NEUTRALThe Stochastics value for CORX is a neutral value.
Average True Range in percent/ATR (20)2.21MEDIUM VOLATILITYThe ATR as a percentage value for CORX suggests some volalility.
Average Directional Index/ADX (14)11.37NEGATIVEThe low ADX value for CORX suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
2X CORN ETF / CORX Daily stock chart

2X CORN ETF

NYSEARCA:CORX (12/16/2025, 4:00:12 PM)

9.8

-0.17 (-1.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.71%
1 Week-6.16%
2 Weeks-6.68%
1 Month-8.4%
3 Month-11.26%
6 Month-28.4%
12 Month-38.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%2.21%
ATR Inc123.54%
Range Today0.05
ADR(20)0.09
ADR(20)%0.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.61
3 months CRS21.35
6 months CRS10.17
Mansfield-3.62
10 Day High11.01
10 Day Low9.9
20 Day High11.13
20 Day Low9.9
52 Week High20.3
52 Week Low9.9
CS1 EndN/A
CR1 Start10.05
Volume & EV
DER(3)0%
DER(5)-200%
Volume7.43K
Volume Incr-59.67%
Vol(5)1.46K
Vol(50)2.42K

2X CORN ETF / CORX FAQ

What is the technical rating for CORX stock?

ChartMill assigns a technical rating of 0 / 10 to CORX.


Can you provide the trend direction for 2X CORN ETF?

The current trend direction for 2X CORN ETF (CORX) is Bearish.


What is the RSI signal for 2X CORN ETF (CORX) stock?

2X CORN ETF (CORX) has an RSI value of 35.9758. This indicates that the stock is currently neutral.


Can you provide the MACD signal for 2X CORN ETF?

The MACD indicator for 2X CORN ETF (CORX) has a value of -0.0490505, indicating a bearish trend.


What is the support and resistance level for CORX stock?

2X CORN ETF (CORX) has a resistance level at 10.05. Check the full technical report for our detailed analysis of CORX support and resistance levels.