US stock / ETF

Cencora, Inc.

COR · NYSE · USD

1 monthBullish75%
Monthly Upside probability 75%Bullish

COR 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $195.83 and reclaim $377.54.

Invalidation Trigger

Lose $195.83 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 54.5, MACD -6.538

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $40.88 (13.19%)

Monthly

EMA Structure

Bullish
EMA 8$310.63Bearish
EMA 21$298.58Bullish
EMA 50$250.68Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.5 · MACD -6.538

Neutral zone

Strength
Range
Volatility
ATR $40.88 · BB 40.50%

High volatility

Strength
Bearish
Volume
MFI 65.7 · OBV 34.81%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$195.83 - $377.54

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+35.04% · 2.7 ATR above latest close

$418.42
Nearest resistance

+21.84% · 1.7 ATR above · 34-bar high

$377.54
Current price

Price shown is delayed

$309.86
Nearest support

-36.8% · 2.8 ATR below · 34-bar low

$195.83
Deeper support zone

-49.99% · 3.8 ATR below latest close

$154.95
ATR zone

Latest close ± ATR14

$268.98 - $350.74

Indicators

Trend

Dow Theory Structure

Confirmation $244.82, invalidation $376.92

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

43.7 / 22.5 / 17.1Bullish
Supertrend (10,3)

Price is above Supertrend

$199.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$304.48 / $256.34Bullish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

High volatility

$40.88 (13.19%)Bearish
Bollinger Bands (20,2)

Width 40.50%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$383.27 / $216.96Bearish
ATR channel lower / upper

Current Volatility Envelope

$268.98 / $350.74Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$377.54Range
Support

Nearest Downside Decision Level

$195.83Range

Momentum

RSI (14)

Neutral zone

54.5Range
MACD (12,26,9)

Histogram is negative

-6.538Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

49.0 / 51.9Bearish
Williams %R (14)

Neutral zone

-51.0Range
CCI (20)

Balanced zone

29.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.7Bullish
OBV slope

20-period OBV slope

34.81%Bullish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Trend

Dow Theory Structure

Confirmation $244.82, invalidation $376.92

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

43.7 / 22.5 / 17.1Bullish
Supertrend (10,3)

Price is above Supertrend

$199.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$304.48 / $256.34Bullish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

54.5Range
MACD (12,26,9)

Histogram is negative

-6.538Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

49.0 / 51.9Bearish
Williams %R (14)

Neutral zone

-51.0Range
CCI (20)

Balanced zone

29.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$40.88 (13.19%)Bearish
Bollinger Bands (20,2)

Width 40.50%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$383.27 / $216.96Bearish
ATR channel lower / upper

Current Volatility Envelope

$268.98 / $350.74Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.7Bullish
OBV slope

20-period OBV slope

34.81%Bullish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$377.54Range
Support

Nearest Downside Decision Level

$195.83Range

Related Forecasts