COHU INC (COHU) Stock Technical Analysis
NASDAQ:COHU - Nasdaq - US1925761066 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to COHU. In the past year, COHU was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, COHU is a bad performer in the overall market: 76% of all stocks are doing better.
COHU is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 62% of 110 stocks in the same industry do better.
COHU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month COHU has a been trading in the 16.95 - 19.97 range, which is quite wide. It is currently trading near the high of this range.
COHU has an average technical rating and the quality of the presented setup is also 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
16.79
36.00
2 important support areas can be observed.
- A support zone ranging from 18.55 to 18.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.96 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 19.39 to 19.70. This zone is formed by a combination of multiple trend lines 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 | 24 | NEGATIVE | COHU has a low relative strength, it was outperformed by 76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COHU is above 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) | 60.34 | NEUTRAL | The RSI value for COHU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests COHU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.75 | OVERBOUGHT | The high Stochastics value suggests COHU may be overbought. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for COHU suggests some volalility. |
| Average Directional Index/ADX (14) | 18.65 | 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)
19.38
-0.32 (-1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.62%
1 Week6.48%
2 Weeks2.84%
1 Month9.68%
3 Month28.34%
6 Month-27.77%
12 Month-41.45%
2 Year-53.37%
3 Year-30.16%
5 Year11.76%
10 Year46.49%
15 Year59.77%
Volatility
ATR(14)0.72
ATR(20)%3.62%
ATR Inc-7.38%
Range Today0.92
ADR(20)0.63
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24
Mansfield-2.11
10 Day High19.97
10 Day Low17.71
20 Day High19.97
20 Day Low16.95
52 Week High36.6
52 Week Low12.57
CS1 End18.83
CR1 Start19.39
Volume & EV
DER(3)-2.26%
DER(5)-0.78%
Volume435.60K
Volume Incr-29.29%
Vol(5)316.14K
Vol(50)456.72K