CO.BR.HA. ST COMMERCIALE DE (COBH.BR) Stock Technical Analysis
EBR:COBH - Euronext Brussels - BE0003519270 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to COBH. In the last year, COBH was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: COBH has an average volume of 8 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
COBH is part of the Beverages industry. There are 27 other stocks in this industry. COBH outperforms 96% of them.
COBH is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so COBH is leading the market.
In the last month COBH has a been trading in the 1320.00 - 1850.00 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.
When comparing the yearly performance of all stocks, we notice that COBH is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this relatively good performance is mostly due to a recent big 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 COBH 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
1,277.10
1,858.41
We found 4 important support areas.
- A support zone ranging from 1830.00 to 1839.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1590.00 from a horizontal line in the daily time frame.
- Support @1320.00 from a horizontal line in the daily time frame.
- Support @1290.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1840.00 to 1840.01. 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 COBH.BR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COBH.BR is up. |
| ChartMill Relative Strength | 91.29 | POSITIVE | COBH.BR has a high relative strength, it outperformed 91.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COBH.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COBH.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of COBH.BR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 77.84 | OVERBOUGHT | The high RSI value suggests COBH.BR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 43.57 | POSITIVE | The MACD value suggests COBH.BR has a positive trend. |
| Stochastics (14,3) | 99.37 | OVERBOUGHT | The high Stochastics value suggests COBH.BR may be overbought. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for COBH.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.7 | NEGATIVE | The low ADX value for COBH.BR 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)
EBR:COBH (5/29/2025, 7:00:00 PM)
1840
+30 (+1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg1.66%
1 Week24.32%
2 Weeks39.39%
1 Month27.78%
3 Month39.39%
6 Month1.66%
12 Month2.22%
2 Year-31.34%
3 Year-38.67%
5 Year-35.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)56.43
ATR(20)%3.04%
ATR Inc428.89%
Range Today10
ADR(20)8.5
ADR(20)%0.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.29
Mansfield1.05
10 Day High1850
10 Day Low1380
20 Day High1850
20 Day Low1320
52 Week High1890
52 Week Low1280
CS1 End1839.99
CR1 Start1840
Volume & EV
DER(3)0%
DER(5)0%
Volume8
Volume Incr137.93%
Vol(5)13.8
Vol(50)8.1