COUCHBASE INC (BASE) Stock Technical Analysis
NASDAQ:BASE - Nasdaq - US22207T1016 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to BASE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BASE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
BASE is part of the IT Services industry. There are 82 other stocks in this industry. BASE outperforms 87% of them.
A new 52 week high is currently being made by BASE, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so BASE is leading the market.
In the last month BASE has a been trading in the 17.21 - 25.16 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, BASE did better than 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BASE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
13.53
24.73
We found 1 important support area.
- Support @13.67 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BASE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BASE is up. |
| ChartMill Relative Strength | 95.28 | POSITIVE | BASE has a high relative strength, it outperformed 95.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BASE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BASE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BASE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.94 | OVERBOUGHT | The high RSI value suggests BASE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests BASE has a positive trend. |
| Stochastics (14,3) | 78.54 | NEUTRAL | The Stochastics value for BASE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for BASE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.31 | NEGATIVE | The low ADX value for BASE suggests a weak or negative trend. |
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)
24.49
+5.56 (+29.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg29.37%
1 Week27.15%
2 Weeks25.85%
1 Month35.98%
3 Month69.25%
6 Month58.61%
12 Month46.03%
2 Year54.8%
3 Year49.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%4.11%
ATR Inc357.78%
Range Today1.11
ADR(20)0.74
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.28
Mansfield3.75
10 Day High25.16
10 Day Low18.5
20 Day High25.16
20 Day Low17.21
52 Week High25.16
52 Week Low12.78
CS1 End13.67
CR1 StartN/A
Volume & EV
DER(3)-2.6%
DER(5)1.35%
Volume13.43M
Volume Incr392.26%
Vol(5)3.30M
Vol(50)993.88K