(CRF) Cornerstone Strategic - Ratings and Ratios

The Cornerstone Strategic Return Fund (NYSE MKT:CRF) is a Large Blend investment vehicle originating from the USA, offering a diversified portfolio to investors. As a fund, it pools resources to invest in a broad range of assets, aiming to balance risk and returns.

Analyzing the funds recent performance, we observe a relatively stable price action, with the last price recorded at $7.42. The funds short-term moving averages, SMA20 at $7.41 and SMA50 at $6.94, indicate a potential bullish trend as the short-term average is above the medium-term average, suggesting a possible upward momentum. However, the SMA200 at $7.43 is slightly above the current price, indicating a potential resistance level. The Average True Range (ATR) of 0.11, or 1.50%, signifies moderate volatility, which is relatively contained.

With Assets Under Management (AUM) standing at $737.29M USD, the fund has a considerable size, allowing for diversified investments and potentially lower expense ratios due to economies of scale. This size also indicates a level of investor confidence and stability.

Forecasting the funds future performance involves analyzing both technical and fundamental data. Given the SMA20 is above SMA50, and considering the moderate volatility, theres a potential for the fund to continue its upward trend. However, the resistance indicated by SMA200 at $7.43 may cap the immediate upside. If the fund can break through this resistance, it may target the 52W High of $8.72. Conversely, a decline below SMA50 could signal a downturn, potentially testing the 52W Low of $6.10. Therefore, a prudent strategy could involve monitoring the funds ability to surpass the $7.43 resistance level, while also being mindful of the overall market conditions and the funds underlying assets.