COACH INC (COH) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:COH • US1897541041
We assign a technical rating of 1 out of 10 to COH. COH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- COH has an average volume of 3220320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, COH turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
- COH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COH is lagging the market.
- In the last month COH has a been trading in a tight range between 38.70 and 40.95.
Although the technical rating is bad, COH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 39.79, a Stop Loss order could be placed below this zone.
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33.89
When analyzing the support we can see 2 important areas.
- A support zone ranging from 39.16 to 39.79. 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 34.23 to 34.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 39.94 to 40.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @42.11 from a horizontal line in the daily time frame.
- Resistance @45.15 from a trend line in the daily time frame.
- Resistance @45.94 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 | DOWN | NEGATIVE | The long term trend for COH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COH is neutral. |
| ChartMill Relative Strength | 41.8 | NEUTRAL | COH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of COH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.21 | NEUTRAL | The RSI value for COH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests COH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.92 | NEUTRAL | The Stochastics value for COH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for COH suggests low volalility. |
39.9
-0.38 (-0.94%)
COACH INC / COH FAQ
Can you provide the ChartMill technical rating for COACH INC?
ChartMill assigns a technical rating of 1 / 10 to COH.
What is the trend direction for COH stock?
The current trend direction for COACH INC (COH) is Bearish.
What is the RSI signal for COACH INC (COH) stock?
COACH INC (COH) has an RSI value of 47.2113. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COACH INC?
The MACD indicator for COACH INC (COH) has a value of 0.147666, indicating a bearish trend.