CAPITAL ONE FINANCIAL CORP (COF) Stock Technical Analysis
NYSE:COF - New York Stock Exchange, Inc. - US14040H1059 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to COF. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, COF is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, COF did better than 85% of all other stocks. We also observe that the gains produced by COF over the past year are nicely spread over this period.
COF 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 COF is lagging the market slightly.
COF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
COF has an average volume of 4600540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
COF is part of the Consumer Finance industry. There are 53 other stocks in this industry, COF did better than 69% of them.
Although COF has an excellent technical rating, the quality of the presented setup is 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
151.73
223.13
When analyzing the support we can see 6 important areas.
- A support zone ranging from 211.32 to 212.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 203.32 to 204.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @180.69 from a horizontal line in the daily time frame.
- Support @163.27 from a trend line in the weekly time frame.
- Support @157.99 from a trend line in the weekly time frame.
- Support @153.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 220.91 to 220.92. 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 | UP | POSITIVE | The long term trend for COF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COF is neutral. |
| ChartMill Relative Strength | 85.55 | POSITIVE | COF has a high relative strength, it outperformed 85.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of COF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.94 | NEUTRAL | The RSI value for COF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.49 | NEGATIVE | The MACD value suggests COF has a negative trend. |
| Stochastics (14,3) | 16.62 | OVERSOLD | The low Stochastics value suggests COF may be oversold. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for COF suggests some volalility. |
| Average Directional Index/ADX (14) | 30.93 | POSITIVE | The high ADX value value for COF 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)
212.85
+1.52 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg0.72%
1 Week-2.49%
2 Weeks-3.16%
1 Month1.11%
3 Month16.48%
6 Month4.58%
12 Month42.51%
2 Year81.89%
3 Year93.8%
5 Year233.62%
10 Year161.81%
15 Year402.84%
Volatility
ATR(14)5.09
ATR(20)%2.29%
ATR Inc67.27%
Range Today5.39
ADR(20)4.7
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.55
Mansfield0.91
10 Day High232.45
10 Day Low208.81
20 Day High232.45
20 Day Low208.75
52 Week High232.45
52 Week Low128.23
CS1 End212.84
CR1 Start220.91
Volume & EV
DER(3)-3.33%
DER(5)-2.9%
Volume4.73M
Volume Incr62.71%
Vol(5)5.74M
Vol(50)4.60M