US stock / ETF

Cencora, Inc.

COR · NYSE · USD

1 weekBearish90%
Weekly Downside probability 90%Bearish

COR 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $301.01 and stabilize above resistance $377.21.

Invalidation Trigger

Break above $377.21 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 42.8, MACD -3.496

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $18.94 (6.62%)

Weekly

EMA Structure

Bearish
EMA 8$282.27Bullish
EMA 21$301.01Bearish
EMA 50$307.01Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.8 · MACD -3.496

Momentum is weak

Strength
Bearish
Volatility
ATR $18.94 · BB 46.47%

High volatility

Strength
Bearish
Volume
MFI 47.7 · OBV -26.48%

Relative to 20-period average volume

Strength
Range
Price Levels
$244.99 - $377.21

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+38.47% · 5.8 ATR above latest close

$396.15
Nearest resistance

+31.85% · 4.8 ATR above · 34-bar high

$377.21
Current price

Price shown is delayed

$286.09
Nearest support

-14.36% · 2.2 ATR below · 34-bar low

$244.99
Deeper support zone

-20.99% · 3.2 ATR below latest close

$226.05
ATR zone

Latest close ± ATR14

$267.14 - $305.03

Indicators

Trend

Dow Theory Structure

Confirmation $244.99, invalidation $327.62

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

Trend strength is active

54.2 / 12.7 / 31.5Bearish
Supertrend (10,3)

Price is above Supertrend

$220.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$295.07 / $311.1Bearish
Donchian Channel (20)

20-period breakout channel position

31%Bearish

Volatility

ATR (14)

High volatility

$18.94 (6.62%)Bearish
Bollinger Bands (20,2)

Width 46.47%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$341.25 / $258.75Bearish
ATR channel lower / upper

Current Volatility Envelope

$267.14 / $305.03Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$377.21Range
Support

Nearest Downside Decision Level

$244.99Range

Momentum

RSI (14)

Momentum is weak

42.8Bearish
MACD (12,26,9)

Histogram is negative

-3.496Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

49.0 / 34.9Bullish
Williams %R (14)

Neutral zone

-51.0Range
CCI (20)

Balanced zone

-57.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.7Range
OBV slope

20-period OBV slope

-26.48%Bearish
Volume ratio

Relative to 20-period average volume

1.26xBullish

Trend

Dow Theory Structure

Confirmation $244.99, invalidation $327.62

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

Trend strength is active

54.2 / 12.7 / 31.5Bearish
Supertrend (10,3)

Price is above Supertrend

$220.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$295.07 / $311.1Bearish
Donchian Channel (20)

20-period breakout channel position

31%Bearish

Momentum

RSI (14)

Momentum is weak

42.8Bearish
MACD (12,26,9)

Histogram is negative

-3.496Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

49.0 / 34.9Bullish
Williams %R (14)

Neutral zone

-51.0Range
CCI (20)

Balanced zone

-57.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$18.94 (6.62%)Bearish
Bollinger Bands (20,2)

Width 46.47%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$341.25 / $258.75Bearish
ATR channel lower / upper

Current Volatility Envelope

$267.14 / $305.03Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.7Range
OBV slope

20-period OBV slope

-26.48%Bearish
Volume ratio

Relative to 20-period average volume

1.26xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$377.21Range
Support

Nearest Downside Decision Level

$244.99Range

Related Forecasts