US stock / ETF

Cencora, Inc.

COR · NYSE · USD

4 hoursBearish79%
4h Downside probability 79%Bearish

COR 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $320.22 and stabilize above resistance $338.69.

Invalidation Trigger

Break above $338.69 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 26.2, MACD -1.261

4h
Volatility EnvironmentBullish
Low volatility

ATR is $3.01 (0.97%)

4h

EMA Structure

Bearish
EMA 8$316.05Bearish
EMA 21$320.22Bearish
EMA 50$322.54Bearish

Signals

CategoryReadStrength
Momentum
RSI 26.2 · MACD -1.261

Momentum is weak

Strength
Bearish
Volatility
ATR $3.01 · BB 5.47%

Low volatility

Strength
Bullish
Volume
MFI 42.2 · OBV -86.05%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$309.41 - $338.69

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.28% · 10.6 ATR above latest close

$341.7
Nearest resistance

+9.3% · 9.6 ATR above · 34-bar high

$338.69
Current price

Price shown is delayed

$309.86
Nearest support

-0.15% · 0.1 ATR below · 34-bar low

$309.41
Deeper support zone

-1.12% · 1.1 ATR below latest close

$306.4
ATR zone

Latest close ± ATR14

$306.85 - $312.87

Indicators

Trend

Dow Theory Structure

Confirmation $325, invalidation $319.45

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

Trend strength is active

28.8 / 14.2 / 48.7Bearish
Supertrend (10,3)

Price is above Supertrend

$300.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$317.93 / $324.05Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Volatility

ATR (14)

Low volatility

$3.01 (0.97%)Bullish
Bollinger Bands (20,2)

Width 5.47%

-12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$325.93 / $314.12Bullish
ATR channel lower / upper

Current Volatility Envelope

$306.85 / $312.87Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$338.69Range
Support

Nearest Downside Decision Level

$309.41Range

Momentum

RSI (14)

Momentum is weak

26.2Bearish
MACD (12,26,9)

Histogram is negative

-1.261Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.5 / 2.4Bullish
Williams %R (14)

Oversold zone

-97.5Bullish
CCI (20)

Weak expansion

-249.2Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.2Bearish
OBV slope

20-period OBV slope

-86.05%Bearish
Volume ratio

Relative to 20-period average volume

2.17xBullish

Trend

Dow Theory Structure

Confirmation $325, invalidation $319.45

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

Trend strength is active

28.8 / 14.2 / 48.7Bearish
Supertrend (10,3)

Price is above Supertrend

$300.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$317.93 / $324.05Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Momentum

RSI (14)

Momentum is weak

26.2Bearish
MACD (12,26,9)

Histogram is negative

-1.261Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.5 / 2.4Bullish
Williams %R (14)

Oversold zone

-97.5Bullish
CCI (20)

Weak expansion

-249.2Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volatility

ATR (14)

Low volatility

$3.01 (0.97%)Bullish
Bollinger Bands (20,2)

Width 5.47%

-12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$325.93 / $314.12Bullish
ATR channel lower / upper

Current Volatility Envelope

$306.85 / $312.87Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.2Bearish
OBV slope

20-period OBV slope

-86.05%Bearish
Volume ratio

Relative to 20-period average volume

2.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$338.69Range
Support

Nearest Downside Decision Level

$309.41Range

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