WT COCOA (COCO.MI) Stock Technical Analysis
BIT:COCO - Euronext Milan - JE00B2QXZK10 - ETF - Currency: EUR
Overall COCO gets a technical rating of 7 out of 10. Although COCO has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Warning: COCO has an average volume of 20759 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that COCO is one of the better performing stocks in the market, outperforming 82% of all stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
COCO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so COCO is lagging the market slightly.
In the last month COCO has a been trading in the 11.45 - 15.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although COCO has an excellent technical rating, it does not present a decent entry opportunity 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
11.27
15.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.47 to 12.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 11.38 to 11.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.11 to 13.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.96 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for COCO.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COCO.MI is neutral. |
| ChartMill Relative Strength | 82.85 | POSITIVE | COCO.MI has a high relative strength, it outperformed 82.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of COCO.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COCO.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COCO.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.26 | NEUTRAL | The RSI value for COCO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests COCO.MI has a negative trend. |
| Stochastics (14,3) | 31.94 | NEUTRAL | The Stochastics value for COCO.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.86 | HIGH VOLATILITY | The high ATR as a percentage value for COCO.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.51 | NEGATIVE | The low ADX value for COCO.MI suggests a weak or negative 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 (5/30/2025, 7:00:00 PM)
13.102
+0.63 (+5.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.03%
1 Week-10.91%
2 Weeks-4.5%
1 Month2.14%
3 Month-2.18%
6 Month-5.03%
12 Month40.87%
2 Year375.83%
3 Year440.96%
5 Year410.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%5.86%
ATR Inc13.63%
Range Today0.74
ADR(20)0.71
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.85
Mansfield0.54
10 Day High15.57
10 Day Low12.4
20 Day High15.57
20 Day Low11.45
52 Week High18.99
52 Week Low7.65
CS1 End12.52
CR1 Start13.11
Volume & EV
DER(3)0.02%
DER(5)0.03%
Volume21.68K
Volume Incr-5.01%
Vol(5)20.01K
Vol(50)20.76K