Core Scientific stock price forecast: Short-term selling pressure dominates as CORZ slips 7.09%

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Core Scientific drops 7.09% today

Highlights

Core Scientific is set to report quarterly earnings on March 2, 2026, a key date for forward guidance and financial updates.
CoreWeave revised its full-year 2025 guidance after construction delays at its Denton, Texas facility managed with Core Scientific, adding to near-term uncertainty.
Core Scientific ($16.71) now trades below its 20- and 50-day moving averages with immediate resistance at $17.38; price consolidation expected in the $16.00–$18.40 range.

Earnings outlook and construction delays drive sentiment shift

Core Scientific is scheduled to release its quarterly earnings on March 2, 2026. A secondary development is that in late 2025, CoreWeave adjusted its full-year guidance following construction delays at its Denton, Texas facility managed in partnership with Core Scientific. These updates come as price action has remained under broader selling pressure.

Divergent momentum signals as intraday volatility intensifies

Momentum indicators present a mixed picture: the MACD on the daily chart remains in "Buy" territory but is softening, while ADX signals a very weak trend. The Relative Strength Index is neutral at 52.61, with the Stochastic RSI flashing "Strong Sell" and the Commodity Channel Index in a neutral to mildly oversold state. Bull/Bear Power currently reads as overbought but shows signs that seller pressure has dominated intraday momentum. The Awesome Oscillator is neutral. There was a slight gap lower at the open, and the price is now near the bottom of today’s range after a sharp drop of 7.09%, reflecting high volatility and pronounced pressure following the weak open. Intraday dynamics are negative and largely confirm the pullback seen in oscillators, despite divergence in broader momentum signals.

Sideways bias expected as consolidation and breakout risks rise

For the coming week, an expected price range of $16.00 to $18.40 reflects typical volatility and closely brackets the current market level. The probability of a price increase is about 80%, with declines less likely. The baseline scenario is for consolidation sideways in a $16.00–$18.40 band. A bullish breakout above $17.38 could push price toward the upper end of the volatility band relative to current levels, while a break below $16.00 raises the risk of further downside toward long-term supports.

Anton Kharitonov, expert at Traders Union, sees Core Scientific’s recent drop below both the 20-day and 50-day moving averages as a sign of mounting short-term pressure. He notes that momentum and trend indicators remain mixed, confirming a hesitant market mood ahead of the March earnings release and amid construction setbacks at Denton. Kharitonov is cautious, expecting consolidation in the $16.00–$18.40 band unless one of these levels breaks. "Unless we see a solid reclaim of $17.38, I remain defensive on any upside moves here," he says.

Last time, analysts noted that Core Scientific Inc. maintains a bullish structure across short, medium, and long-term timeframes, with price above key moving averages and dynamic support at the Ichimoku Kijun line, while immediate resistance is seen near the $18.00–$18.24 zone. Momentum indicators are mixed—MACD points to bullishness but low ADX and overbought oscillators suggest limited trend strength and potential for consolidation unless key support or resistance levels are breached.

Source of Data: CORZ Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.