Cencora Stock Momentum Indicators Commodity Channel Index

COR Stock  USD 245.02  0.67  0.27%   
Cencora momentum indicators tool provides the execution environment for running the Commodity Channel Index indicator and other technical functions against Cencora. Cencora value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Commodity Channel Index indicator function is designed to identify and follow existing trends. Momentum indicators of Cencora are pattern recognition functions that provide distinct formation on Cencora potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Commodity Channel Index (CCI) is designed to detect Cencora beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of Cencora is making new highs, and the CCI is not, then a price correction is likely to happen soon.

Cencora Technical Analysis Modules

Most technical analysis of Cencora help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cencora from various momentum indicators to cycle indicators. When you analyze Cencora charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Cencora Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cencora. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cencora based on widely used predictive technical indicators. In general, we focus on analyzing Cencora Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cencora's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Cencora's intrinsic value. In addition to deriving basic predictive indicators for Cencora, we also check how macroeconomic factors affect Cencora price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover5.735.525.588.16
Days Of Inventory On Hand24.6625.1625.9237.87
Hype
Prediction
LowEstimatedHigh
244.41245.69246.97
Details
Intrinsic
Valuation
LowRealHigh
238.67239.95270.26
Details
Naive
Forecast
LowNextHigh
244.75246.02247.30
Details
18 Analysts
Consensus
LowTargetHigh
190.82209.69232.76
Details

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Additional Tools for Cencora Stock Analysis

When running Cencora's price analysis, check to measure Cencora's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cencora is operating at the current time. Most of Cencora's value examination focuses on studying past and present price action to predict the probability of Cencora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cencora's price. Additionally, you may evaluate how the addition of Cencora to your portfolios can decrease your overall portfolio volatility.