CORE SCIENTIFIC INC (CORZ) Stock Technical Analysis
NASDAQ:CORZ - Nasdaq - US21874A1060 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to CORZ. Although CORZ is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month CORZ has a been trading in the 10.34 - 16.56 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.
When comparing the yearly performance of all stocks, we notice that CORZ is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, CORZ also shows a nice and consistent pattern of rising prices.
CORZ is part of the IT Services industry. There are 82 other stocks in this industry. CORZ outperforms 92% of them.
CORZ has an average volume of 10240700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CORZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CORZ is lagging the market.
CORZ has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.69
16.73
We can see 3 important resistance areas.
- Resistance @14.98 from a trend line in the weekly time frame.
- Resistance @15.37 from a trend line in the daily time frame.
- Resistance @16.56 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
CRS97.57
Mansfield0.16
10 Day High13.18
10 Day Low10.74
20 Day High16.56
20 Day Low10.34
52 Week High18.63
52 Week Low2.61
Performance
1 Week-13.88%
2 Weeks-13.81%
1 Month-33.9%
3 Month-40.76%
6 Month0.37%
12 Month243.95%
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)-0.05
RSI(14)31.71
LBB11.3
UBB13.22
10.8
-1.04 (-8.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-8.78%
1 Week-13.88%
2 Weeks-13.81%
1 Month-33.9%
3 Month-40.76%
6 Month0.37%
12 Month243.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%9.64%
ATR Inc63.35%
Range Today1.73
ADR(20)0.88
ADR(20)%8.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.57
Mansfield0.16
10 Day High13.18
10 Day Low10.74
20 Day High16.56
20 Day Low10.34
52 Week High18.63
52 Week Low2.61
CS1 EndN/A
CR1 Start14.98
Volume & EV
DER(3)-0.59%
DER(5)0.22%
Volume13.02M
Volume Incr-38.79%
Vol(5)7.50M
Vol(50)10.24M