Global Cord Blood Corporation (CO) Stock Technical Analysis
NYSE:CO • KYG393421030
Taking everything into account, CO scores 4 out of 10 in our technical rating. CO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, CO is a bad performer in the overall market: 69% of all stocks are doing better.
- CO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CO has a been trading in the 2.16 - 3.32 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- CO is an average performer in the Health Care Providers & Services industry, it outperforms 53% of 102 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CO has an average technical rating and it also 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
2.96
We found 1 important resistance area.
- A resistance zone ranging from 3.00 to 3.03. 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 | NEUTRAL | NEUTRAL | The long term trend for CO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CO is neutral. |
| ChartMill Relative Strength | 31.6 | NEUTRAL | CO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.44 | NEUTRAL | The RSI value for CO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CO has a positive trend. |
| Stochastics (14,3) | 33.16 | NEUTRAL | The Stochastics value for CO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.78 | HIGH VOLATILITY | The high ATR as a percentage value for CO suggests high volalility. |
| Average Directional Index/ADX (14) | 17.39 | NEGATIVE | The low ADX value for CO suggests a weak or negative trend. |
2.9876
+0.77 (+34.58%)
Global Cord Blood Corporation / CO FAQ
What is the ChartMill technical rating of Global Cord Blood Corporation (CO) stock?
ChartMill assigns a technical rating of 4 / 10 to CO.
Can you provide the trend direction for Global Cord Blood Corporation?
The current trend direction for Global Cord Blood Corporation (CO) is Bearish.
Can you provide the RSI signal for Global Cord Blood Corporation?
Global Cord Blood Corporation (CO) has an RSI value of 69.4415. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Global Cord Blood Corporation?
The MACD indicator for Global Cord Blood Corporation (CO) has a value of 0.0481944, indicating a bearish trend.
Can you provide the support and resistance levels for Global Cord Blood Corporation?
Global Cord Blood Corporation (CO) has a resistance level at 3. Check the full technical report for our detailed analysis of CO support and resistance levels.