Should You Buy CoreCivic Inc (CXW) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
CXW is not a good buy right now for a Beginner long-term investor who is impatient, because price action and momentum are still clearly bearish and near-term pattern stats also skew negative. While fundamentals in 2025/Q3 were strong (double-digit revenue growth and rising EPS), the current tape suggests downside/continued weakness is more likely before a durable bottom.
**Intellectia Proprietary Trading Signals**
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock today.
If you must act immediately, this is better treated as a small starter position near support rather than a full long-term entry; otherwise, the better long-term “buy now” moment is after a reversal signal (e.g., reclaiming ~19.56 pivot and momentum improving).
Technical Analysis
Trend is bearish: moving averages are stacked negatively (SMA_200 > SMA_20 > SMA_5), indicating sustained downtrend across long/intermediate/short horizons. MACD histogram is negative (-0.204) and expanding lower, confirming bearish momentum. RSI_6 at ~21.63 is oversold (not neutral), which can support a short-term bounce, but oversold can persist in downtrends.
Key levels: current ~18.47 is sitting on S1 support ~18.466 (very close). A clean break below this increases odds of testing S2 ~17.79. To improve the buy setup, CXW would ideally reclaim the pivot ~19.56; resistance above sits at ~20.66 then ~21.33.
Pattern-based forward odds provided also lean bearish: ~70% chance of -1.23% next day, -1.97% next week, -2.1% next month—consistent with the bearish trend context.
