VITA COCO CO INC/THE (COCO) Stock Technical Analysis
NASDAQ:COCO - Nasdaq - US92846Q1076 - Common Stock - Currency: USD
Overall COCO gets a technical rating of 5 out of 10. COCO was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
COCO is one of the better performing stocks in the Beverages industry, it outperforms 90% of 33 stocks in the same industry.
COCO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so COCO is lagging the market slightly.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, COCO did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month COCO has a been trading in the 31.79 - 38.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
COCO has an average technical rating and it also does not offer a high quality setup 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
30.25
40.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 35.13 to 35.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.99 to 33.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 32.29 to 32.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.56 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @37.02 from a horizontal line in the daily time frame.
- A resistance zone ranging from 39.98 to 40.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for COCO is neutral. |
| ChartMill Relative Strength | 84.09 | POSITIVE | COCO has a high relative strength, it outperformed 84.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COCO is above a declining 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) | 57.79 | NEUTRAL | The RSI value for COCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests COCO has a positive trend. |
| Stochastics (14,3) | 53.41 | NEUTRAL | The Stochastics value for COCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for COCO suggests some volalility. |
| Average Directional Index/ADX (14) | 28.54 | POSITIVE | The high ADX value value for COCO suggests a strong 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)
35.92
+1.98 (+5.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg5.83%
1 Week8.06%
2 Weeks10.76%
1 Month-6.02%
3 Month-0.77%
6 Month-4.42%
12 Month44.32%
2 Year26.97%
3 Year139.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.09
ATR(20)%3.4%
ATR Inc27.33%
Range Today1.41
ADR(20)1.17
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.09
Mansfield-0.16
10 Day High36.32
10 Day Low31.92
20 Day High38.27
20 Day Low31.79
52 Week High40.32
52 Week Low24.09
CS1 End35.66
CR1 Start37.02
Volume & EV
DER(3)1.41%
DER(5)0.33%
Volume1.13M
Volume Incr-15.83%
Vol(5)665.56K
Vol(50)706.83K