ENVOY MEDICAL INC (COCH) Stock Technical Analysis
USA - NASDAQ:COCH - US29415V1098 - Common Stock
We assign a technical rating of 0 out of 10 to COCH. COCH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of COCH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.76
We can see 4 important resistance areas.
- A resistance zone ranging from 0.80 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.48 from a trend line in the weekly time frame.
- Resistance @1.55 from a horizontal line in the daily time frame.
- Resistance @1.67 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for COCH is down. |
| ChartMill Relative Strength | 2.05 | NEGATIVE | COCH has a low relative strength, it was outperformed by 97.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COCH is below 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) | 41.92 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 22.53 | NEUTRAL | The Stochastics value for COCH is a neutral value. |
| Average True Range in percent/ATR (20) | 21.19 | HIGH VOLATILITY | The high ATR as a percentage value for COCH suggests high volalility. |
| Average Directional Index/ADX (14) | 12.71 | NEGATIVE | The low ADX value for COCH suggests a weak or negative trend. |
0.7637
-0.04 (-5.13%)
ENVOY MEDICAL INC / COCH FAQ
What is the technical rating for COCH stock?
ChartMill assigns a technical rating of 0 / 10 to COCH.
Can you provide the trend direction for ENVOY MEDICAL INC?
The current trend direction for ENVOY MEDICAL INC (COCH) is Bearish.
What is the RSI signal for ENVOY MEDICAL INC (COCH) stock?
ENVOY MEDICAL INC (COCH) has an RSI value of 41.9209. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ENVOY MEDICAL INC?
The buy/sell signal for ENVOY MEDICAL INC (COCH) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for ENVOY MEDICAL INC (COCH) stock?
ENVOY MEDICAL INC (COCH) has a resistance level at 0.8. Check the full technical report for our detailed analysis of COCH support and resistance levels.