VITA COCO CO INC/THE (COCO) Technical Analysis
NASDAQ:COCO • US92846Q1076
Current stock price
COCO Technical Rating and Analysis
Overall COCO gets a technical rating of 4 out of 10. Although COCO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month COCO has a been trading in the 45.02 - 61.39 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that COCO is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, COCO also shows a nice and consistent pattern of rising prices.
- COCO is one of the better performing stocks in the Beverages industry, it outperforms 90% of 34 stocks in the same industry.
- COCO has an average volume of 1351830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- COCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COCO is lagging the market.
COCO Weekly and Daily overview Charts
COCO Setup Rating and Analysis
COCO has an average technical rating and the quality of the presented setup is also not ideal 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
COCO Support and Resistance Analysis
32.97
When analyzing the support we can see 2 important areas.
- A support zone ranging from 46.51 to 47.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.30 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.36 to 58.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
COCO 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 | NEUTRAL | NEUTRAL | The long term trend for COCO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COCO is down. |
| ChartMill Relative Strength | 81.61 | POSITIVE | COCO has a high relative strength, it outperformed 81.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.69 | NEUTRAL | The RSI value for COCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests COCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.53 | NEUTRAL | The Stochastics value for COCO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for COCO suggests high volalility. |
| Average Directional Index/ADX (14) | 21.36 | NEUTRAL | The ADX value for COCO suggests a possible start of a new trend. |
COCO Chart- and CandleStick Pattern Analysis
COCO Technicals: Chart, Performance Metrics, Trend & Indicators
51
+2.17 (+4.44%)
VITA COCO CO INC/THE / COCO TA FAQ
What is the ChartMill technical rating of VITA COCO CO INC/THE (COCO) stock?
ChartMill assigns a technical rating of 4 / 10 to COCO.
What is the trend direction for COCO stock?
The current trend direction for VITA COCO CO INC/THE (COCO) is Bearish.
What is the RSI signal for VITA COCO CO INC/THE (COCO) stock?
VITA COCO CO INC/THE (COCO) has an RSI value of 47.6869. This indicates that the stock is currently neutral.
What is the MACD signal for VITA COCO CO INC/THE (COCO) stock?
The MACD indicator for VITA COCO CO INC/THE (COCO) has a value of -0.0464829, indicating a bearish trend.