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CLMCornerstone Strategic Value Fund Inc

NYSEDaily chart
Range low retest · 30 Oct 2023

CLM slipped below its $7.20 – $8.50 range and came back to test the low on 30 Oct 2023.

Range low
$7.20
support
Range high
$8.50
18% above the low
In the range since
Dec 2022
2 yr 4 mo
Close on retest day
$6.52
9% below the range low
  • 5 sideways ranges found since 2021.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the retest came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
25 Mar 2025Still open——
9 Dec 20227 Apr 2025 · 2 yr 4 moBroke below the range at $6.1630 Oct 2023
26 Jul 202229 Dec 2022 · 5 moBroke below the range at $7.20—
20 Jan 20225 Jul 2022 · 5 moBroke below the range at $8.45—
9 Nov 202128 Jul 2022 · 9 moBroke below the range at $9.14—

Retests found

  • 30 Oct 2023 · 11 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.