COINBASE GLOBAL INC -CLASS A (COIN) Stock Technical Analysis
NASDAQ:COIN - Nasdaq - US19260Q1076 - Common Stock - Currency: USD
Taking everything into account, COIN scores 6 out of 10 in our technical rating. In the last year, COIN was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month COIN has a been trading in the 293.31 - 444.64 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that COIN is one of the better performing stocks in the market, outperforming 92% of all stocks.
COIN is one of the better performing stocks in the Capital Markets industry, it outperforms 92% of 237 stocks in the same industry.
COIN has an average volume of 14255800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
COIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COIN is lagging the market.
COIN has an average technical rating and it also 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
169.07
313.65
5 important support areas can be observed.
- Support @310.53 from a horizontal line in the weekly time frame.
- Support @303.42 from a trend line in the daily time frame.
- Support @297.98 from a horizontal line in the daily time frame.
- Support @182.09 from a trend line in the weekly time frame.
- Support @170.78 from a trend 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 | UP | POSITIVE | The long term trend for COIN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COIN is down. |
| ChartMill Relative Strength | 92.98 | POSITIVE | COIN has a high relative strength, it outperformed 92.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COIN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of COIN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COIN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.92 | NEUTRAL | The RSI value for COIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -12.92 | NEGATIVE | The MACD value suggests COIN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.83 | OVERSOLD | The low Stochastics value suggests COIN may be oversold. |
| Average True Range in percent/ATR (20) | 6.64 | HIGH VOLATILITY | The high ATR as a percentage value for COIN suggests high volalility. |
| Average Directional Index/ADX (14) | 33.03 | POSITIVE | The high ADX value value for COIN 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)
310.54
-0.25 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.08%
1 Week-1.32%
2 Weeks-20.71%
1 Month-19.77%
3 Month55.8%
6 Month13.13%
12 Month58.2%
2 Year290.13%
3 Year364.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)19.46
ATR(20)%6.64%
ATR Inc-38.76%
Range Today12.47
ADR(20)17.68
ADR(20)%5.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.98
Mansfield1.49
10 Day High395.39
10 Day Low293.31
20 Day High444.65
20 Day Low293.31
52 Week High444.65
52 Week Low142.58
CS1 End310.53
CR1 StartN/A
Volume & EV
DER(3)1.9%
DER(5)0.94%
Volume9.25M
Volume Incr-5.94%
Vol(5)13.61M
Vol(50)14.26M