COUCHBASE INC (BASE) Stock Technical Analysis
NASDAQ:BASE - US22207T1016 - Common Stock
24.39 USD
-0.01 (-0.04%)
24.39 USD
0 (0%)
Overall BASE gets a technical rating of 9 out of 10. Both in the recent history as in the last year, BASE has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 85 other stocks in this industry. BASE outperforms 80% of them.
BASE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BASE has an average volume of 1123610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BASE did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month BASE has a been trading in a tight range between 24.24 and 24.44.
Considerably lower volume is observed in the last couple of days.
BASE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.37, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.53
24.83
We found 2 important support areas.
- A support zone ranging from 24.24 to 24.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.67 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.49 to 24.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 85.92 | POSITIVE | BASE has a high relative strength, it outperformed 85.92% 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) | 66.84 | NEUTRAL | The RSI value for BASE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BASE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.9 | NEUTRAL | The Stochastics value for BASE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for BASE suggests low volalility. |
| Average Directional Index/ADX (14) | 35.71 | POSITIVE | The high ADX value value for BASE suggests a strong 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)
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 |
|---|---|---|---|
| 24.45 | 24.30 | 0.15 (0.61%) | 25.00% |
| An entry @24.45. This is a Buy Stop order right above the 10 day high. | An exit @24.30. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.15 points, which is 0.61%. | For a 0.15% total portfolio risk, you can invest 25.00% 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.
24.39
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.04%
1 Week0.08%
2 Weeks0.21%
1 Month0.62%
3 Month34.98%
6 Month38.19%
12 Month24.31%
2 Year42.63%
3 Year47.02%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.24%
ATR Inc-52.28%
Range Today0.02
ADR(20)0.06
ADR(20)%0.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.92
Mansfield2.2
10 Day High24.44
10 Day Low24.31
20 Day High24.44
20 Day Low24.24
52 Week High25.16
52 Week Low12.78
CS1 End24.37
CR1 Start24.49
Volume & EV
DER(3)1.95%
DER(5)-0.48%
Volume487.80K
Volume Incr26.1%
Vol(5)721.48K
Vol(50)1.12M