US stock / ETF

Cencora, Inc.

COR · NYSE · USD

4 hoursBearish85%
4h Downside probability 85%Bearish

COR 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $332.54 and stabilize above resistance $348.25.

Invalidation Trigger

Break above $348.25 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 37.8, MACD -1.498

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.8 (0.86%)

4h

EMA Structure

Range
EMA 8$329.41Bearish
EMA 21$332.54Bearish
EMA 50$330.66Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.8 · MACD -1.498

Momentum is weak

Strength
Bearish
Volatility
ATR $2.8 · BB 6.67%

Low volatility

Strength
Bullish
Volume
MFI 32.6 · OBV -18.03%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$325.37 - $348.25

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.89% · 9.2 ATR above latest close

$351.05
Nearest resistance

+7.03% · 8.2 ATR above · 34-bar high

$348.25
Current price

Price shown is delayed

$325.37
Nearest support

+0% · 0.0 ATR below · 34-bar low

$325.37
Deeper support zone

-0.86% · 1.0 ATR below latest close

$322.57
ATR zone

Latest close ± ATR14

$322.57 - $328.17

Indicators

Trend

Dow Theory Structure

Confirmation $344.43, invalidation $329.17

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

26.0 / 19.9 / 45.2Bearish
Supertrend (10,3)

Price is above Supertrend

$316.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$333.57 / $331.7Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Volatility

ATR (14)

Low volatility

$2.8 (0.86%)Bullish
Bollinger Bands (20,2)

Width 6.67%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$338.14 / $326.78Bullish
ATR channel lower / upper

Current Volatility Envelope

$322.57 / $328.17Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$348.25Range
Support

Nearest Downside Decision Level

$325.37Range

Momentum

RSI (14)

Momentum is weak

37.8Bearish
MACD (12,26,9)

Histogram is negative

-1.498Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 4.7Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-128.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 12Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.6Bearish
OBV slope

20-period OBV slope

-18.03%Bearish
Volume ratio

Relative to 20-period average volume

1.40xBullish

Trend

Dow Theory Structure

Confirmation $344.43, invalidation $329.17

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

26.0 / 19.9 / 45.2Bearish
Supertrend (10,3)

Price is above Supertrend

$316.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$333.57 / $331.7Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Momentum

RSI (14)

Momentum is weak

37.8Bearish
MACD (12,26,9)

Histogram is negative

-1.498Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 4.7Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-128.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 12Bullish

Volatility

ATR (14)

Low volatility

$2.8 (0.86%)Bullish
Bollinger Bands (20,2)

Width 6.67%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$338.14 / $326.78Bullish
ATR channel lower / upper

Current Volatility Envelope

$322.57 / $328.17Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.6Bearish
OBV slope

20-period OBV slope

-18.03%Bearish
Volume ratio

Relative to 20-period average volume

1.40xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$348.25Range
Support

Nearest Downside Decision Level

$325.37Range

Related Forecasts