COHERENT CORP (COHR) Technical Analysis
NYSE:COHR • US19247G1076
Current stock price
COHR Technical Rating and Analysis
Overall COHR gets a technical rating of 9 out of 10. In the last year, COHR was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month COHR has a been trading in the 215.55 - 300.20 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that COHR is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by COHR over the past year are nicely spread over this period.
- COHR is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. COHR outperforms 95% of them.
- COHR 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 COHR is performing more or less in line with the market.
- COHR has an average volume of 7707660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
COHR Weekly and Daily overview Charts
COHR Setup Rating and Analysis
Although COHR has an excellent technical rating, it does not offer a high quality setup 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
COHR Support and Resistance Analysis
151.28
When analyzing the support we notice one important area.
- Support @152.81 from a trend line in the weekly time frame.
COHR Technical Indicator Signal Analysis
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 COHR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COHR is neutral. |
| ChartMill Relative Strength | 98.44 | POSITIVE | COHR has a high relative strength, it outperformed 98.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COHR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of COHR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COHR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.84 | NEUTRAL | The RSI value for COHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.44 | NEGATIVE | The MACD value suggests COHR has a negative trend. |
| Stochastics (14,3) | 19.33 | OVERSOLD | The low Stochastics value suggests COHR may be oversold. |
| Average True Range in percent/ATR (20) | 10.71 | HIGH VOLATILITY | The high ATR as a percentage value for COHR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.25 | NEGATIVE | The low ADX value for COHR suggests a weak or negative trend. |
COHR Chart- and CandleStick Pattern Analysis
COHR Technicals: Chart, Performance Metrics, Trend & Indicators
219.65
-23.83 (-9.79%)
COHERENT CORP / COHR TA FAQ
What is the ChartMill technical rating of COHERENT CORP (COHR) stock?
ChartMill assigns a technical rating of 9 / 10 to COHR.
What is the current trend direction of COHERENT CORP (COHR) stock?
The current trend direction for COHERENT CORP (COHR) is Bullish.
What is the RSI signal for COHR stock?
COHERENT CORP (COHR) has an RSI value of 40.8394. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COHERENT CORP?
The MACD indicator for COHERENT CORP (COHR) has a value of -4.43925, indicating a bearish trend.
What is the support and resistance level for COHR stock?
COHERENT CORP (COHR) has a support level at 152.81. Check the full technical report for our detailed analysis of COHR support and resistance levels.