COFINIMMO (COFB.BR) Stock Technical Analysis
EBR:COFB - Euronext Brussels - BE0003593044 - REIT - Currency: EUR
Overall COFB gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, COFB is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
COFB is part of the Diversified REITs industry. There are 42 other stocks in this industry. COFB outperforms 97% of them.
COFB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so COFB is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that COFB is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month COFB has a been trading in the 64.00 - 79.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, COFB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 74.79, a Stop Loss order could be placed below this zone.
More info and screens
51.63
80.24
5 important support areas can be observed.
- A support zone ranging from 73.70 to 74.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.20 from a trend line in the weekly time frame.
- Support @59.47 from a trend line in the daily time frame.
- Support @57.45 from a horizontal line in the daily time frame.
- Support @52.15 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 78.55 to 79.45. 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 COFB.BR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COFB.BR is up. |
| ChartMill Relative Strength | 94.77 | POSITIVE | COFB.BR has a high relative strength, it outperformed 94.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COFB.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COFB.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COFB.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.45 | NEUTRAL | The RSI value for COFB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.76 | NEGATIVE | The MACD value suggests COFB.BR has a negative trend. |
| Stochastics (14,3) | 25.59 | NEUTRAL | The Stochastics value for COFB.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for COFB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 40.39 | POSITIVE | The high ADX value value for COFB.BR 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 75.75 | 73.69 | 2.06 (2.71%) | 25.00% |
| An entry @75.75. This is a Buy Stop order right above the 10 day moving average. | An exit @73.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.06 points, which is 2.71%. | For a 0.68% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of COFB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EBR:COFB (5/23/2025, 7:00:00 PM)
74.8
+1.1 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.49%
1 Week-4.77%
2 Weeks-3.55%
1 Month15.7%
3 Month32.51%
6 Month32.86%
12 Month24.87%
2 Year3.03%
3 Year-38.59%
5 Year-38.89%
10 Year-21.94%
15 Year-21.23%
Volatility
ATR(14)1.76
ATR(20)%3.02%
ATR Inc-48.88%
Range Today1.3
ADR(20)1.99
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.77
Mansfield2.08
10 Day High78.8
10 Day Low73.2
20 Day High79.55
20 Day Low64
52 Week High79.55
52 Week Low51.75
CS1 End74.79
CR1 Start78.55
Volume & EV
DER(3)-1.94%
DER(5)-2.38%
Volume71.78K
Volume Incr-53.48%
Vol(5)93.66K
Vol(50)138.73K