Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
CorEnergy Infrastructure Trust, Inc. (NYSE:CORR)
Countertrend Down (-85) - CORR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CORR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CORR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CORR
The long-term trend has been DOWN since Feb 8th, 2023 at 1.7500
The intermediate-term trend has been DOWN since Aug 14th, 2023 at 1.1000
The short-term trend has been UP since Nov 29th, 2023 at 0.4734
Smart Scan Analysis for CORR
Based on our trend formula, CORR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||39.46||Year High Date||2018-08-02|
|Year Low||33.49||Year Low Date||2018-11-21|
|52wk High||3.48||52wk High Date||2022-12-01|
|52wk Low||0.4101||52wk Low Date||2023-11-16|
|Year End Close||6.03||Average Volume||61,947|
|Shares Outstanding||16,038||Short Interest||142,462|
|% Institutional||49.2||Market Cap||632M|