Logo image of CO

Global Cord Blood Corporation (CO) Stock Technical Analysis

NYSE:CO - New York Stock Exchange, Inc. - KYG393421030 - Common Stock - Currency: USD

2.9876  +0.77 (+34.58%)

Premarket: 2.925 -0.06 (-2.1%)

Technical Rating and Analysis

4

Taking everything into account, CO scores 4 out of 10 in our technical rating. In the last year, CO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

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. The S&P500 Index however is trading in the upper part of its 52 week range, so CO is lagging the market.
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 part of the Health Care Providers & Services industry. There are 103 other stocks in this industry, CO did better than 49% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
Global Cord Blood Corporation / CO Weekly stock chart
Global Cord Blood Corporation / CO Daily stock chart
Setup Rating and Analysis

1

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.

Support and Resistance Analysis

2.96

3.06

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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for CO is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for CO is neutral.
ChartMill Relative Strength31.6NEUTRALCO is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CO is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CO is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CO is below a declining SMA(200).
Relative Strength Index/RSI (14)69.44NEUTRALThe RSI value for CO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.05POSITIVEThe MACD value suggests CO has a positive trend.
Stochastics (14,3)33.16NEUTRALThe Stochastics value for CO is a neutral value.
Average True Range in percent/ATR (20)5.78HIGH VOLATILITYThe high ATR as a percentage value for CO suggests high volalility.
Average Directional Index/ADX (14)17.39NEGATIVEThe low ADX value for CO suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Global Cord Blood Corporation / CO Daily stock chart

Global Cord Blood Corporation

NYSE:CO (9/23/2022, 8:04:01 PM)

Premarket: 2.925 -0.06 (-2.1%)

2.9876

+0.77 (+34.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg34.58%
1 Week22.95%
2 Weeks34.58%
1 Month34.58%
3 Month-10.28%
6 Month-23.2%
12 Month-35.19%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%5.78%
ATR Inc420.18%
Range Today1.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.6
Mansfield-0.12
10 Day High3.32
10 Day Low2.21
20 Day High3.32
20 Day Low2.16
52 Week High5.5
52 Week Low2.03
CS1 EndN/A
CR1 Start3
Volume & EV
DER(3)16.18%
DER(5)11.67%
Volume9.28M
Volume Incr808.24%
Vol(5)1.91M
Vol(50)340.18K