COINBASE GLOBAL INC -CLASS A (COIN)
US19260Q1076 - Common Stock
Taking everything into account, COIN scores 7 out of 10 in our technical rating. In the last year, COIN 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 may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that COIN is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by COIN over the past year are nicely spread over this period.
COIN is part of the Capital Markets industry. There are 212 other stocks in this industry. COIN outperforms 99% of them.
COIN 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 COIN is lagging the market slightly.
COIN has an average volume of 9367990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month COIN has a been trading in the 194.93 - 248.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
COIN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 210.70, a Stop Loss order could be placed below this zone.
More info and screens
171.80
247.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 210.20 to 210.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 199.16 to 200.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @173.54 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @237.66 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 242.63 to 245.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.68
Mansfield4.96
10 Day High248.86
10 Day Low199.83
20 Day High248.86
20 Day Low194.93
52 Week High283.48
52 Week Low46.43
Performance
1 Week3.23%
2 Weeks13.43%
1 Month-1.28%
3 Month9.79%
6 Month68.9%
12 Month249.99%
2 Year189.27%
3 Year-4.49%
5 YearN/A
10 YearN/A
15 YearN/A
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)2.58
RSI(14)50.59
LBB193.45
UBB250.91
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 237.67 | 210.19 | 27.48 (11.56%) | 8.65% |
| An entry @237.67. This is a Buy Stop order right above the resistance zone. | An exit @210.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 27.48 points, which is 11.56%. | For a 1.00% total portfolio risk, you can invest 8.65% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
COINBASE GLOBAL INC -CLASS A
NASDAQ:COIN (5/31/2024, 7:00:00 PM)
After market: 226 +0.08 (+0.04%)225.92
-8.84 (-3.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-3.77%
1 Week3.23%
2 Weeks13.43%
1 Month-1.28%
3 Month9.79%
6 Month68.9%
12 Month249.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)16.14
ATR(20)%6.69%
ATR Inc
Range Today21.24
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 High248.86
10 Day Low199.83
20 Day High248.86
20 Day Low194.93
52 Week High283.48
52 Week Low46.43
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.12M
Volume Incr5.8%
Vol(5)9.47M
Vol(50)9.37M