ENVOY MEDICAL INC (COCH) Technical Analysis
NASDAQ:COCH • US29415V1098
Current stock price
COCH Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to COCH. In the past year, COCH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 86% of all other stocks performed better in the past year than COCH.
- COCH 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 COCH is lagging the market.
- In the last month COCH has a been trading in the 0.62 - 0.95 range, which is quite wide. It is currently trading near the lows of this range.
- COCH is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, COCH did better than 44% of them.
- Considerably lower volume is observed in the last couple of days.
COCH Weekly and Daily overview Charts
COCH Setup Rating and Analysis
COCH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
COCH Support and Resistance Analysis
0.63
2 important support areas can be observed.
- A support zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.64 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @0.78 from a trend line in the weekly time frame.
- Resistance @0.80 from a horizontal line in the weekly time frame.
- Resistance @0.82 from a trend line in the daily time frame.
COCH 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for COCH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COCH is neutral. |
| ChartMill Relative Strength | 14.36 | NEGATIVE | COCH has a low relative strength, it was outperformed by 85.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COCH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COCH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COCH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.74 | NEUTRAL | The RSI value for COCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests COCH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.72 | NEUTRAL | The Stochastics value for COCH is a neutral value. |
| Average True Range in percent/ATR (20) | 11.03 | HIGH VOLATILITY | The high ATR as a percentage value for COCH suggests high volalility. |
| Average Directional Index/ADX (14) | 20.33 | NEUTRAL | The ADX value for COCH suggests a possible start of a new trend. |
COCH Chart- and CandleStick Pattern Analysis
COCH Technicals: Chart, Performance Metrics, Trend & Indicators
0.7475
+0.04 (+6.03%)
ENVOY MEDICAL INC / COCH TA FAQ
What is the technical rating for COCH stock?
ChartMill assigns a technical rating of 3 / 10 to COCH.
What is the trend direction for COCH stock?
The current trend direction for ENVOY MEDICAL INC (COCH) is Bearish.
Can you provide the RSI signal for ENVOY MEDICAL INC?
ENVOY MEDICAL INC (COCH) has an RSI value of 53.7424. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENVOY MEDICAL INC?
The short term momentum for ENVOY MEDICAL INC (COCH) is neutral.