Technical Analysis for CXW - Corrections Corporation of America

Grade Last Price % Change Price Change
C 15.33 0.10% 0.02
CXW closed up 0.13 percent on Tuesday, May 7, 2024, on 1.4 times normal volume. It was able to find support at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 8
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Support Bullish 0.10%
50 DMA Support Bullish 0.10%
Pocket Pivot Bullish Swing Setup 0.10%
Bollinger Band Squeeze Range Contraction 0.10%
BB Squeeze Started Range Contraction 0.10%
Overbought Stochastic Strength 0.10%
Pocket Pivot Bullish Swing Setup 0.23%
Stochastic Reached Overbought Strength 0.23%
Gapped Up Strength 0.23%
Overbought Stochastic Strength 0.23%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 1 hour ago
Outside Day about 1 hour ago
Gap Down Closed about 2 hours ago
Reversed from Down about 2 hours ago
60 Minute Opening Range Breakout about 4 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 775,679
200-Day Moving Average 13.18
50-Day Moving Average 15.17
20-Day Moving Average 15.13
10-Day Moving Average 15.11
Average True Range 0.36
RSI (14) 53.70
ADX 12.81
+DI 17.98
-DI 19.14
Chandelier Exit (Long, 3 ATRs) 15.17
Chandelier Exit (Short, 3 ATRs) 15.56
Upper Bollinger Bands 15.67
Lower Bollinger Band 14.59
Percent B (%b) 0.66
BandWidth 7.16
MACD Line -0.01
MACD Signal Line -0.03
MACD Histogram 0.0252
Fundamentals Value
Market Cap 1.73 Billion
Num Shares 113 Million
EPS 0.59
Price-to-Earnings (P/E) Ratio 25.95
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) 15.81
Resistance 3 (R3) 15.77 15.56 15.72
Resistance 2 (R2) 15.56 15.44 15.58 15.69
Resistance 1 (R1) 15.44 15.36 15.50 15.48 15.67
Pivot Point 15.23 15.23 15.27 15.25 15.23
Support 1 (S1) 15.11 15.11 15.17 15.15 14.95
Support 2 (S2) 14.90 15.03 14.92 14.93
Support 3 (S3) 14.78 14.90 14.90
Support 4 (S4) 14.82