Technical Analysis for CXW - Corrections Corporation of America

Grade Last Price % Change Price Change
D 15.17 0.90% 0.14
CXW closed down 0.53 percent on Friday, May 17, 2024, on 66 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.90%
Bollinger Band Squeeze Range Contraction 0.90%
NR7 Range Contraction 0.90%
Narrow Range Bar Range Contraction 0.90%
Inside Day Range Contraction 0.90%
Oversold Stochastic Weakness 0.90%
20 DMA Resistance Bearish 0.36%
50 DMA Resistance Bearish 0.36%
MACD Bearish Centerline Cross Bearish 0.36%
Bollinger Band Squeeze Range Contraction 0.36%

   Recent Intraday Alerts

Alert Time
Rose Above 10 DMA about 2 hours ago
Rose Above 20 DMA about 5 hours ago
20 DMA Support about 5 hours ago
Rose Above Previous Day's High about 6 hours ago
50 DMA Resistance about 6 hours ago

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Profile

Corrections Corporation of America Description

Corrections Corporation of America, together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States. It owns, operates, and manages prisons and other correctional facilities; and provides inmate residential and prisoner transportation services for governmental agencies. The company also offers various rehabilitation and educational programs, including basic education, religious services, life skills and employment training, and substance abuse treatment, as well as food services, work and recreational programs, and healthcare services, such as medical, dental, and mental health services. In addition, it leases its facilities to third-party operators. The company serves federal, state, and local correctional and detention authorities. As of December 31, 2012, the company owned and managed 47 correctional and detention facilities; and managed 20 correctional and detention facilities, which it did not own. Corrections Corporation of America was founded in 1983 and is based in Nashville, Tennessee.


Classification

Sector: Real Estate
Industry: REIT - Diversified
Keywords: Food Service Healthcare Service Mental Health Health Services Mental Health Services Penology Private Prisons In The United States

Is CXW a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 16.24
52 Week Low 8.275
Average Volume 749,145
200-Day Moving Average 13.41
50-Day Moving Average 15.24
20-Day Moving Average 15.15
10-Day Moving Average 15.24
Average True Range 0.41
RSI (14) 45.95
ADX 12.74
+DI 20.05
-DI 16.36
Chandelier Exit (Long, 3 ATRs) 14.92
Chandelier Exit (Short, 3 ATRs) 15.72
Upper Bollinger Bands 15.54
Lower Bollinger Band 14.77
Percent B (%b) 0.34
BandWidth 5.07
MACD Line -0.02
MACD Signal Line 0.00
MACD Histogram -0.0213
Fundamentals Value
Market Cap 1.69 Billion
Num Shares 113 Million
EPS 0.59
Price-to-Earnings (P/E) Ratio 25.47
Price-to-Sales 0.89
Price-to-Book 1.13
PEG Ratio 1.44
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.28
Resistance 3 (R3) 15.31 15.25 15.24
Resistance 2 (R2) 15.25 15.19 15.24 15.22
Resistance 1 (R1) 15.14 15.15 15.11 15.11 15.21
Pivot Point 15.09 15.09 15.07 15.07 15.09
Support 1 (S1) 14.98 15.02 14.95 14.95 14.85
Support 2 (S2) 14.92 14.98 14.91 14.84
Support 3 (S3) 14.81 14.92 14.82
Support 4 (S4) 14.78