COREBRIDGE FINANCIAL INC (CRBG)

US21871X1090 - Common Stock

31.75  +0.28 (+0.89%)

After market: 31.75 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CRBG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRBG is showing a nice and steady performance.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, CRBG did better than 84% of all other stocks. We also observe that the gains produced by CRBG over the past year are nicely spread over this period.
CRBG is one of the better performing stocks in the Financial Services industry, it outperforms 79% of 98 stocks in the same industry.
CRBG 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 CRBG is lagging the market slightly.
CRBG has an average volume of 3773210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CRBG has a been trading in the 29.82 - 33.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Weekly and Daily overview Charts
CRBG Weekly chart
CRBG Daily chart
Setup Rating and Analysis

10

CRBG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 31.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CRBG in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

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Support and Resistance Analysis

25.48

32.84

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 30.00 to 31.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @26.74 from a trend line in the weekly time frame.
  • Support @25.74 from a trend line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @31.76 from a horizontal line in the weekly time frame.
  • Resistance @32.51 from a horizontal line in the daily time frame.

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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
CRS84.9
Mansfield0.35
10 Day High32.18
10 Day Low29.89
20 Day High33.82
20 Day Low29.82
52 Week High34.66
52 Week Low20.07
Performance
1 Week4.17%
2 Weeks3.02%
1 Month0.63%
3 Month10.51%
6 Month3.69%
12 Month53.01%
2 Year42.76%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A

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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)

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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)56.55
LBB29.41
UBB32.67

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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
31.7729.991.78 (5.60%)17.85%
An entry @31.77. This is a Buy Stop order right above the resistance zone.An exit @29.99. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.78 points, which is 5.60%.For a 1.00% total portfolio risk, you can invest 17.85% of your capital in this trade.

  • 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.

More info and screens

CRBG Daily chart

COREBRIDGE FINANCIAL INC

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

After market: 31.75 0 (0%)

31.75

+0.28 (+0.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.89%
1 Week4.17%
2 Weeks3.02%
1 Month0.63%
3 Month10.51%
6 Month3.69%
12 Month53.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.16
ATR(20)%3.14%
ATR Inc
Range Today0.69
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 High32.18
10 Day Low29.89
20 Day High33.82
20 Day Low29.82
52 Week High34.66
52 Week Low20.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.51M
Volume Incr12.81%
Vol(5)4.85M
Vol(50)3.77M