Overall COCO gets a technical rating of 9 out of 10. Both in the recent history as in the last year, COCO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although COCO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
32.38
When analyzing the support we can see 5 important areas.
- A support zone ranging from 41.83 to 43.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.01 from a horizontal line in the daily time frame.
- Support @37.28 from a trend line in the daily time frame.
- Support @36.44 from a trend line in the weekly time frame.
- Support @32.71 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 | UP | POSITIVE | The long term trend for COCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COCO is up. |
| ChartMill Relative Strength | 93.64 | POSITIVE | COCO has a high relative strength, it outperformed 93.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COCO is above the rising 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) | 77.11 | OVERBOUGHT | The high RSI value suggests COCO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.94 | POSITIVE | The MACD value suggests COCO has a positive trend. |
| Stochastics (14,3) | 90.86 | OVERBOUGHT | The high Stochastics value suggests COCO may be overbought. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for COCO suggests some volalility. |
| Average Directional Index/ADX (14) | 41.52 | POSITIVE | The high ADX value value for COCO suggests a strong trend. |
53.03
+1.89 (+3.7%)
VITA COCO CO INC/THE / COCO FAQ
What is the ChartMill technical rating of VITA COCO CO INC/THE (COCO) stock?
ChartMill assigns a technical rating of 9 / 10 to COCO.
Can you provide the trend direction for VITA COCO CO INC/THE?
The current trend direction for VITA COCO CO INC/THE (COCO) is Bullish.
What is the RSI signal for COCO stock?
VITA COCO CO INC/THE (COCO) has an RSI value of 77.1145. This indicates that the stock is currently overbought.
What is the short term momentum for VITA COCO CO INC/THE (COCO) stock?
The short term momentum for VITA COCO CO INC/THE (COCO) is positive.
Can you provide the support and resistance levels for VITA COCO CO INC/THE?
VITA COCO CO INC/THE (COCO) has a support level at 43.1. Check the full technical report for our detailed analysis of COCO support and resistance levels.