WT COCOA (COCO.MI) Stock Technical Analysis
BIT:COCO - Euronext Milan - JE00B2QXZK10 - ETF - Currency: EUR
We assign a technical rating of 1 out of 10 to COCO. COCO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
COCO 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 COCO has a been trading in the 10.40 - 13.15 range, which is quite wide. It is currently trading near the lows of this range.
Warning: COCO has an average volume of 21093 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, COCO turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
Volume is considerably higher in the last couple of days.
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
10.53
15.59
We found 2 important support areas.
- Support @10.88 from a horizontal line in the weekly time frame.
- Support @10.64 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 11.34 to 11.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.82 to 11.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @13.96 from a trend line in the daily time frame.
- Resistance @14.21 from a trend line in the weekly time frame.
- Resistance @15.44 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 | 68.34 | NEUTRAL | COCO.MI is not amongst the best or worst performers 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) | UP | MIXED | The current price of COCO.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.24 | NEUTRAL | The RSI value for COCO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests COCO.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.4 | OVERSOLD | The low Stochastics value suggests COCO.MI may be oversold. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for COCO.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.35 | NEUTRAL | The ADX value for COCO.MI suggests a possible start of a new 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)
BIT:COCO (7/18/2025, 7:00:00 PM)
11.09
+0.44 (+4.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.13%
1 Week-4.1%
2 Weeks-3.06%
1 Month-10.35%
3 Month1.89%
6 Month-33.72%
12 Month28.42%
2 Year248.25%
3 Year392.67%
5 Year403.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%4.51%
ATR Inc45.32%
Range Today0.7
ADR(20)0.47
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.34
Mansfield-1.77
10 Day High12.06
10 Day Low10.4
20 Day High13.15
20 Day Low10.4
52 Week High18.99
52 Week Low8.02
CS1 End10.88
CR1 Start11.34
Volume & EV
DER(3)0%
DER(5)0%
Volume22.15K
Volume Incr106.42%
Vol(5)36.28K
Vol(50)21.09K