COHU INC (COHU) Stock Technical Analysis
NASDAQ:COHU - Nasdaq - US1925761066 - Common Stock - Currency: USD
Taking everything into account, COHU scores 6 out of 10 in our technical rating. In the last year, COHU was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, COHU is a bad performer in the overall market: 65% of all stocks are doing better.
COHU is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 71% are performing better than COHU.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
COHU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COHU is lagging the market.
In the last month COHU has a been trading in the 17.71 - 20.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
COHU has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
19.33
36.00
When analyzing the support we notice one important area.
- A support zone ranging from 19.53 to 19.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 19.75 to 20.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @35.64 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for COHU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COHU is up. |
| ChartMill Relative Strength | 35.33 | NEUTRAL | COHU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of COHU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COHU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COHU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.71 | NEUTRAL | The RSI value for COHU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests COHU has a negative trend. |
| Stochastics (14,3) | 43.43 | NEUTRAL | The Stochastics value for COHU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for COHU suggests some volalility. |
| Average Directional Index/ADX (14) | 14.21 | NEGATIVE | The low ADX value for COHU suggests a weak or negative 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 |
|---|---|---|---|
| 20.61 | 19.52 | 1.09 (5.29%) | 18.91% |
| An entry @20.61. This is a Buy Stop order right above the resistance zone. | An exit @19.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.09 points, which is 5.29%. | For a 1.00% total portfolio risk, you can invest 18.91% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of COHU. 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.
19.65
-0.38 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.9%
1 Week-3.06%
2 Weeks-4.24%
1 Month8.09%
3 Month39.76%
6 Month-19.47%
12 Month-37.93%
2 Year-54.98%
3 Year-31.25%
5 Year4.35%
10 Year98.28%
15 Year25.32%
Volatility
ATR(14)0.74
ATR(20)%3.75%
ATR Inc-24.58%
Range Today0.7
ADR(20)0.69
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.33
Mansfield-1.83
10 Day High20.95
10 Day Low18.93
20 Day High20.95
20 Day Low17.71
52 Week High33.71
52 Week Low12.57
CS1 End19.64
CR1 Start19.75
Volume & EV
DER(3)-0.55%
DER(5)-3.39%
Volume361.40K
Volume Incr-7.07%
Vol(5)268.26K
Vol(50)365.09K