Decline depth
—
Not currently in the rolling-252-day ≥20% decline universe.
WatchRecovering
CORTCorcept Therapeutics Incorporated
5.5σ
decline sigma — volatility-normalized move (typical daily 1.89%)
Current
$114.92
Decline depth
—
Decline σ
5.5σ
TFC
3/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since tracking began
$CORT has been tracked since 2026-03-01. It was down 69.3% from its 52-week high then — now $114.92.
It has clawed back 67.2 percentage points off that level. It bottomed 72.6% below that high along the way.
From the 52-week high as of 2026-03-02 to today. Split-adjusted. Observed, not a forecast.
Structural break signals
CORT qualifies for the Watch on decline sigma.
Time-frame continuity
3/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Past the 3/5 Watch threshold.
Decline sigma
5.5σ
Drop over the last 20 bars in units of daily volatility (1.89%/day).
Past the ≥4σ Watch threshold.
The structural read
What price action says about CORT.
CORT qualifies for the Watch on decline sigma — the recent drop measures 5.5σ over a 20-bar window. Sigma scales the move by the stock's own typical daily volatility, so a small percentage drop in a normally-quiet name can land here when the bigger players miss it on a pure-percent threshold.
Cross-confirmation: also showing 3/5 bearish time frames.
A confirmed bullish signal on one or more time frames earned the Recovering badge. The tier says how deep the damage is; Recovering says momentum may be turning. Not a buy signal.
Whether CORT's turn is investable is ConvictionEdge's question, not ours.
Upstream TFC read: strong alignment, current phase daily. Last bar types — daily 2D (green), weekly 3 (green), monthly 1 (green).
Questions about CORT
What people ask.
Why is CORT on Broken Stocks?
CORT qualifies for the Watch on decline sigma. The recent drop measures 5.5σ over a 20-bar window — large enough that even a small percentage drop is structurally significant given the stock's typical day-to-day volatility (1.89%). It additionally carries a Recovering badge — see below.
What does the Recovering badge mean for CORT?
Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — CORT is still Watch because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.
Is CORT a falling knife?
CORT is on Broken Stocks for time-frame continuity or decline-sigma reasons rather than headline depth, so the falling-knife label doesn't cleanly apply. The phrase usually requires a meaningful percentage drop from a fresh high. See the structural break signals above for the axis that actually triggered the listing.
Is CORT a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is CORT trading inside its 52-week range?
At $114.92, CORT sits 76.6% of the way from its 52-week low ($77.38) to its 52-week high ($126.38). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.