CORE SCIENTIFIC INC (CORZ) Stock Technical Analysis
NASDAQ:CORZ - Nasdaq - US21874A1060 - Common Stock
We assign a technical rating of 8 out of 10 to CORZ. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CORZ is showing a nice and steady performance.
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.
When comparing the yearly performance of all stocks, we notice that CORZ is one of the better performing stocks in the market, outperforming 98% of all stocks.
CORZ is part of the IT Services industry. There are 82 other stocks in this industry. CORZ outperforms 96% of them.
CORZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CORZ is lagging the market slightly.
In the last month CORZ has a been trading in the 13.18 - 15.74 range, which is quite wide. It is currently trading near the high of this range.
CORZ has an average volume of 10583700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CORZ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 14.03, a Stop Loss order could be placed below this zone.
More info and screens
13.45
15.54
2 important support areas can be observed.
- A support zone ranging from 13.90 to 14.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.28 to 15.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.33
Mansfield5.18
10 Day High15.7
10 Day Low13.18
20 Day High15.74
20 Day Low13.18
52 Week High18.63
52 Week Low2.61
Performance
1 Week12.28%
2 Weeks-0.72%
1 Month5.67%
3 Month14.21%
6 Month49.56%
12 Month341.33%
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)0.14
RSI(14)54.32
LBB13.33
UBB15.54
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.40 | 13.89 | 1.51 (9.81%) | 10.20% |
| An entry @15.40. This is a Buy Stop order right above the resistance zone. | An exit @13.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.51 points, which is 9.81%. | When investing 10.20% 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.
CORE SCIENTIFIC INC
NASDAQ:CORZ (1/21/2025, 8:00:00 PM)
After market: 15.3327 +0.06 (+0.41%)15.27
+0.27 (+1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.8%
1 Week12.28%
2 Weeks-0.72%
1 Month5.67%
3 Month14.21%
6 Month49.56%
12 Month341.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%5.41%
ATR Inc5.35%
Range Today0.88
ADR(20)0.77
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.33
Mansfield5.18
10 Day High15.7
10 Day Low13.18
20 Day High15.74
20 Day Low13.18
52 Week High18.63
52 Week Low2.61
CS1 End14.03
CR1 Start15.28
Volume & EV
DER(3)-0.68%
DER(5)-1.11%
Volume7.91M
Volume Incr-23.05%
Vol(5)7.26M
Vol(50)10.58M