Technical Analysis for CXW - Corrections Corporation of America

Grade Last Price % Change Price Change
grade F 9.085 -1.78% -0.17
CXW closed up 5.11 percent on Friday, July 10, 2020, on 57 percent of normal volume. 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.
Earnings due: Aug 3
*** please verify all earnings dates ***

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
New Downtrend Bearish -1.78%
Wide Bands Range Expansion -1.78%
Oversold Stochastic Weakness -1.78%
180 Bearish Setup Bearish Swing Setup 3.24%
Wide Bands Range Expansion 3.24%
Oversold Stochastic Weakness 3.24%
Narrow Range Bar Range Contraction -1.78%
NR7 Range Contraction -1.78%
Wide Bands Range Expansion -1.78%
Oversold Stochastic Weakness -1.78%

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Profile

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.
Healthcare Services Food 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 18.53
52 Week Low 8.33
Average Volume 1,762,455
200-Day Moving Average 13.98
50-Day Moving Average 11.22
20-Day Moving Average 9.95
10-Day Moving Average 9.26
Average True Range 0.66
ADX 25.4
+DI 13.95
-DI 27.04
Chandelier Exit (Long, 3 ATRs ) 12.05
Chandelier Exit (Short, 3 ATRs ) 10.74
Upper Bollinger Band 12.20
Lower Bollinger Band 7.71
Percent B (%b) 0.34
BandWidth 45.16
MACD Line -0.72
MACD Signal Line -0.70
MACD Histogram -0.0229
Fundamentals Value
Market Cap 1.09 Billion
Num Shares 118 Million
EPS 1.80
Price-to-Earnings (P/E) Ratio 5.14
Price-to-Sales 1.61
Price-to-Book 2.00
PEG Ratio 1.36
Dividend 1.68
Dividend Yield 18.16%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.90
Resistance 3 (R3) 9.82 9.54 9.79
Resistance 2 (R2) 9.54 9.37 9.57 9.75
Resistance 1 (R1) 9.39 9.27 9.47 9.47 9.72
Pivot Point 9.11 9.11 9.14 9.14 9.11
Support 1 (S1) 8.96 8.94 9.04 9.04 8.78
Support 2 (S2) 8.68 8.84 8.71 8.75
Support 3 (S3) 8.53 8.68 8.71
Support 4 (S4) 8.61