Technical Analysis for CXW - Corrections Corporation of America

Grade Last Price % Change Price Change
F 8.56 -2.84% -0.25
CXW closed down 2.84 percent on Friday, September 17, 2021, on 3.99 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical CXW trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Volume Surge Other 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction -2.84%
Oversold Stochastic Weakness -2.84%
Inside Day Range Contraction -2.62%
Oversold Stochastic Weakness -2.62%
Lower Bollinger Band Touch Weakness -2.06%
Oversold Stochastic Weakness -2.06%
Older End-of-Day Signals for CXW ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
200 DMA Support about 20 hours ago
Down 3% 1 day ago
2x Volume Pace 1 day ago
1.5x Volume Pace 1 day ago
3x Volume Pace 1 day ago
View Earlier Intraday Alerts

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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 Services Healthcare Service Mental Health Nashville Health Services Food Services Corrections 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 12.35
52 Week Low 5.76
Average Volume 737,314
200-Day Moving Average 8.67
50-Day Moving Average 9.85
20-Day Moving Average 9.29
10-Day Moving Average 9.00
Average True Range 0.32
ADX 38.19
+DI 8.34
-DI 33.03
Chandelier Exit (Long, 3 ATRs) 9.41
Chandelier Exit (Short, 3 ATRs) 9.51
Upper Bollinger Bands 10.03
Lower Bollinger Band 8.55
Percent B (%b) 0.01
BandWidth 15.93
MACD Line -0.35
MACD Signal Line -0.29
MACD Histogram -0.0651
Fundamentals Value
Market Cap 1.02 Billion
Num Shares 120 Million
EPS 1.03
Price-to-Earnings (P/E) Ratio 8.31
Price-to-Sales 0.49
Price-to-Book 0.66
PEG Ratio 1.44
Dividend 1.76
Dividend Yield 20.56%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.21
Resistance 3 (R3) 9.27 9.13 9.10
Resistance 2 (R2) 9.13 8.96 9.09 9.06
Resistance 1 (R1) 8.84 8.86 8.77 8.78 9.03
Pivot Point 8.70 8.70 8.66 8.66 8.70
Support 1 (S1) 8.41 8.53 8.34 8.35 8.09
Support 2 (S2) 8.27 8.43 8.23 8.06
Support 3 (S3) 7.98 8.27 8.02
Support 4 (S4) 7.92