COR

CencoraHealthcare

$271.83-1.90%

Rectangle Rounding Bottom Descending Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$271.83

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Trade the Breakout

Technical indicators signal a Rectangle forming. Verify the setup on the chart.

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Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$284.93

Stop

$264.59

Target

$325.60

Chart Pattern

Rectangle

Sideways movement between parallel supports.

Rounding Bottom

Gradual reversal from bearish to bullish.

Descending Triangle

Bearish continuation pattern.

Market Analysis

Technical analysis of Cencora (COR) reveals a significant setup. Currently at $271.83, the asset is showing downward momentum (-1.9%). Our AI has detected a valid Rounding Bottom pattern. This setup is supported by average volume turnover. A potential breakout level is identified at $284.93, targeting $325.6 with support near $264.59 (R:R 2.0).

Community Sentiment

What is your outlook on COR?

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