WT COCOA (COCO.MI) Stock Technical Analysis
BIT:COCO • JE00B2QXZK10
Overall COCO gets a technical rating of 0 out of 10. COCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than COCO.
- COCO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month COCO has a been trading in the 5.21 - 7.58 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of COCO 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
5.19
We can see 3 important resistance areas.
- Resistance @7.81 from a trend line in the daily time frame.
- Resistance @8.16 from a trend line in the daily time frame.
- Resistance @12.83 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 COCO.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COCO.MI is down. |
| ChartMill Relative Strength | 2.03 | NEGATIVE | COCO.MI has a low relative strength, it was outperformed by 97.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COCO.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COCO.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COCO.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.58 | OVERSOLD | The low RSI value suggests COCO.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests COCO.MI has a negative trend. |
| Stochastics (14,3) | 2.78 | OVERSOLD | The low Stochastics value suggests COCO.MI may be oversold. |
| Average True Range in percent/ATR (20) | 6.07 | HIGH VOLATILITY | The high ATR as a percentage value for COCO.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 51.83 | POSITIVE | The high ADX value value for COCO.MI suggests a strong trend. |
BIT:COCO (2/13/2026, 7:00:00 PM)
5.247
-0.06 (-1.17%)
WT COCOA / COCO.MI FAQ
What is the ChartMill technical rating of WT COCOA (COCO.MI) stock?
ChartMill assigns a technical rating of 0 / 10 to COCO.MI.
What is the trend direction for COCO stock?
The current trend direction for WT COCOA (COCO.MI) is Bearish.
What is the RSI signal for COCO stock?
WT COCOA (COCO.MI) has an RSI value of 24.5793. This indicates that the stock is currently oversold.
What is the short term momentum for COCO stock?
The short term momentum for WT COCOA (COCO.MI) is negative.
What is the buy/sell signal for WT COCOA (COCO.MI) stock?
The buy/sell signal for WT COCOA (COCO.MI) is sell as both the short term and long term trends are negative.