COINBASE GLOBAL INC -CLASS A (COIN) Stock Technical Analysis
USA - NASDAQ:COIN - US19260Q1076 - Common Stock
336.02 USD
+5.77 (+1.75%)
338.15 USD
+2.13 (+0.63%)
Overall COIN gets a technical rating of 5 out of 10. COIN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month COIN has a been trading in the 303.40 - 402.16 range, which is quite wide. It is currently trading near the lows of this range.
COIN is one of the better performing stocks in the Capital Markets industry, it outperforms 89% of 239 stocks in the same industry.
COIN has an average volume of 9167620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, COIN did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
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
174.70
387.11
When analyzing the support we can see 4 important areas.
- A support zone ranging from 327.92 to 331.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @315.40 from a trend line in the daily time frame.
- A support zone ranging from 297.98 to 299.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @176.46 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 380.03 to 383.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 79.96 | POSITIVE | COIN has a high relative strength, it outperformed 79.96% 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 | POSITIVE | The current price of COIN is above 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) | 46.61 | NEUTRAL | The RSI value for COIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.57 | NEGATIVE | The MACD value suggests COIN has a negative trend. |
| Stochastics (14,3) | 23.71 | NEUTRAL | The Stochastics value for COIN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for COIN suggests high volalility. |
| Average Directional Index/ADX (14) | 18.67 | NEGATIVE | The low ADX value for COIN 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)
336.02
+5.77 (+1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.75%
1 Week-5.88%
2 Weeks-11.58%
1 Month-1.88%
3 Month-19.95%
6 Month91.98%
12 Month52.59%
2 Year335.71%
3 Year407.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)19.31
ATR(20)%5.35%
ATR Inc-15.82%
Range Today18.53
ADR(20)16.56
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.96
Mansfield1.03
10 Day High402.16
10 Day Low317.77
20 Day High402.16
20 Day Low303.4
52 Week High444.65
52 Week Low142.58
CS1 End331.8
CR1 Start380.03
Volume & EV
DER(3)-0.21%
DER(5)-0.35%
Volume9.57M
Volume Incr-8.97%
Vol(5)8.98M
Vol(50)9.17M