ENVOY MEDICAL INC (COCH) Technical Analysis
NASDAQ:COCH • US29415V1098
Current stock price
COCH Technical Rating and Analysis
Taking everything into account, COCH scores 0 out of 10 in our technical rating. COCH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- 88% 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, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month COCH has a been trading in the 0.60 - 0.76 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- COCH is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, COCH did better than 40% of them.
- Considerably lower volume is observed in the last couple of days.
COCH Weekly and Daily overview Charts
COCH Setup Rating and Analysis
Although the technical rating is bad, COCH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.66, a Stop Loss order could be placed below this zone.
More info and screens
COCH Support and Resistance Analysis
0.60
We found 2 important support areas.
- A support zone ranging from 0.65 to 0.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.69 to 0.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.77 from a trend line in the weekly 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 | 12.79 | NEGATIVE | COCH has a low relative strength, it was outperformed by 87.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COCH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COCH is below a declining 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) | 49.24 | NEUTRAL | The RSI value for COCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests COCH has a positive trend. |
| Stochastics (14,3) | 56.11 | NEUTRAL | The Stochastics value for COCH is a neutral value. |
| Average True Range in percent/ATR (20) | 7.13 | HIGH VOLATILITY | The high ATR as a percentage value for COCH suggests high volalility. |
| Average Directional Index/ADX (14) | 10.92 | NEGATIVE | The low ADX value for COCH suggests a weak or negative trend. |
COCH Chart- and CandleStick Pattern Analysis
COCH Technicals: Chart, Performance Metrics, Trend & Indicators
0.681
+0 (+0.15%)
ENVOY MEDICAL INC / COCH TA FAQ
What is the technical rating for COCH stock?
ChartMill assigns a technical rating of 0 / 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 49.2448. 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.