Global Cord Blood Corporation (CO) Stock Technical Analysis
NYSE:CO - New York Stock Exchange, Inc. - KYG393421030 - Common Stock - Currency: USD
Overall CO gets a technical rating of 4 out of 10. 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CO is an average performer in the Health Care Providers & Services industry, it outperforms 63% of 103 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
3.06
When analyzing the resistance we notice one important 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. |
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)
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