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CORZ Daily Technical Analysis

Core Scientific Inc

Major U.S. Bitcoin miner providing hosting and self-mining services.

Last price: $18.76 Value score: 18.46 Short-term sentiment: Bullish Long-term sentiment: Bullish Last updated: 2026-01-23T15:16:32.670Z

CORZ Technical Analysis Summary

Core Scientific shows a constructive technical setup, currently trading above all key moving averages (20, 50, and 200 SMA). The price has recovered from a correction in late 2025, establishing higher lows and regaining bullish momentum as indicated by the MACD. While immediate resistance lies near 19.50, the overall trend structure remains favorable for bulls as long as support near 16.30 holds.

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CORZ Daily Chart

Daily candlestick price chart for CORZ as of 2026-01-23T15:16:32.670Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Daily candlestick price chart for CORZ as of 2026-01-23T15:16:32.670Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.

Sentiment

Short-term Sentiment (days to weeks): Bullish

Price is trading above the rising 20-day and 50-day SMAs; MACD has recently crossed bullishly and histogram is positive.

Long-term Sentiment (weeks to months): Bullish

The stock is trading above the 200-day SMA, and the 50-day SMA is positioned above the 200-day SMA, confirming a longer-term uptrend structure despite recent volatility.

Report Metadata

Support Price Levels

Level Range Strength Notes
$16.60 $16.32 - $16.87 Strong Confluence zone containing the 50-day SMA (16.32) and the 20-day SMA/Bollinger Basis (16.87).
$14.39 $14.28 - $14.50 Strong Major support area defined by the 200-day SMA (14.50) and the lower Bollinger Band (14.28), which aligns with recent swing lows.

Resistance Price Levels

Level Range Strength Notes
$19.25 $19.00 - $19.50 Strong Recent local highs and the Upper Bollinger Band (19.47) acting as immediate dynamic resistance.
$22.50 $22.00 - $23.00 Strong Significant swing high formed in November prior to the correction.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Higher Low Structure Bullish $19.50 After bottoming in December, the price formed a higher low in late January/February around 14.50, indicating a potential trend reversal.
Weak Bullish MACD Crossover Bullish N/A The MACD line crossed above the signal line recently, confirming upward momentum for the current swing.

Frequently Asked Questions about CORZ

What is the current sentiment for CORZ?

The short-term sentiment for CORZ is currently Bullish because Price is trading above the rising 20-day and 50-day SMAs; MACD has recently crossed bullishly and histogram is positive.. The long-term trend is classified as Bullish.

What are the key support levels for CORZ?

StockDips.AI has identified key support levels for CORZ at $16.60 and $14.39. These levels may represent potential accumulation zones where buying interest could emerge.

Is CORZ in a significant dip or a Value Dip right now?

CORZ has a Value Score of 18/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.

View the full interactive analysis on StockDips.AI.