CORNERSTONE TOTAL RETURN (CRF)

US21924U3005

8.54  +0.07 (+0.83%)

After market: 8.54 0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to CRF. In the last year, CRF was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month CRF has a been trading in the 8.06 - 9.75 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CRF is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by CRF over the past year are nicely spread over this period.
CRF has an average volume of 1071720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CRF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRF is lagging the market slightly.
Weekly and Daily overview Charts
CRF Weekly chart
CRF Daily chart
Setup Rating and Analysis

6

CRF has an average technical rating and also the quality of the setup is only medium 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

7.16

8.85

5 important support areas can be observed.

  • A support zone ranging from 8.32 to 8.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @8.16 from a trend line in the weekly time frame.
  • A support zone ranging from 7.82 to 7.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @7.52 from a horizontal line in the weekly time frame.
  • Support @7.23 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 8.66 to 8.76. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS77.8
Mansfield-0.01
10 Day High9.65
10 Day Low8.06
20 Day High9.75
20 Day Low8.06
52 Week High9.75
52 Week Low6.52
Performance
1 Week-3.94%
2 Weeks-11.5%
1 Month-4.15%
3 Month8.65%
6 Month11.34%
12 Month18.78%
2 Year20.28%
3 Year-37.89%
5 Year-22.29%
10 Year-56%
15 Year-79.17%
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)-0.11
RSI(14)42.55
LBB7.96
UBB9.92
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
8.778.310.46 (5.25%)19.07%
An entry @8.77. This is a Buy Stop order right above the resistance zone.An exit @8.31. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.46 points, which is 5.25%.For a 1.00% total portfolio risk, you can invest 19.07% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of CRF. Please evaluate whether better entry and exit points can be found.
  • 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.
CRF Daily chart

CORNERSTONE TOTAL RETURN

NYSEARCA:CRF (12/20/2024, 8:04:03 PM)

After market: 8.54 0 (0%)

8.54

+0.07 (+0.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.83%
1 Week-3.94%
2 Weeks-11.5%
1 Month-4.15%
3 Month8.65%
6 Month11.34%
12 Month18.78%
2 Year20.28%
3 Year-37.89%
5 Year-22.29%
10 Year-56%
15 Year-79.17%
Volatility
ATR(14)0.31
ATR(20)%2.97%
ATR Inc-10.64%
Range Today0.37
ADR(20)0.23
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.8
Mansfield-0.01
10 Day High9.65
10 Day Low8.06
20 Day High9.75
20 Day Low8.06
52 Week High9.75
52 Week Low6.52
CS1 End8.38
CR1 Start8.66
Volume & EV
DER(3)3.05%
DER(5)-2.47%
Volume696.90K
Volume Incr-27.84%
Vol(5)908.80K
Vol(50)1.07M