COHERENT CORP (COHR)

US19247G1076 - Common Stock

57.06  -2.13 (-3.6%)

After market: 57.06 0 (0%)

Technical Rating and Analysis

6

Overall COHR gets a technical rating of 6 out of 10. In the last year, COHR was one of the better performers, but we do observe some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
COHR is part of the Electronic Equipment, Instruments & Components industry. There are 128 other stocks in this industry. COHR outperforms 76% of them.
COHR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so COHR is lagging the market slightly.
COHR has an average volume of 1877520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, COHR did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month COHR has a been trading in the 53.26 - 61.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
COHR Weekly chart
COHR Daily chart
Setup Rating and Analysis

5

Although the technical rating is only medium, COHR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 54.16, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

30.57

64.51

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 54.09 to 54.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 49.25 to 49.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @30.88 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 58.39 to 59.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @63.87 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.13
Mansfield1.08
10 Day High61.74
10 Day Low55.22
20 Day High61.74
20 Day Low53.26
52 Week High67.94
52 Week Low28.47
Performance
1 Week-3.39%
2 Weeks-2.18%
1 Month3.07%
3 Month-10.1%
6 Month49.29%
12 Month46.38%
2 Year-79.13%
3 Year-77.44%
5 Year-59.74%
10 Year-12.69%
15 Year230.78%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)49.99
LBB55.22
UBB60.54
COHR Daily chart

COHERENT CORP

NYSE:COHR (5/31/2024, 7:04:00 PM)

After market: 57.06 0 (0%)

57.06

-2.13 (-3.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-3.6%
1 Week-3.39%
2 Weeks-2.18%
1 Month3.07%
3 Month-10.1%
6 Month49.29%
12 Month46.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.2
ATR(20)%4.12%
ATR Inc
Range Today4.72
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High61.74
10 Day Low55.22
20 Day High61.74
20 Day Low53.26
52 Week High67.94
52 Week Low28.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.96M
Volume Incr-16.28%
Vol(5)1.78M
Vol(50)1.88M