COINBASE GLOBAL INC -CLASS A (COIN)

US19260Q1076 - Common Stock

213.78  -5.05 (-2.31%)

Premarket: 217.62 +3.84 (+1.8%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to COIN. 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 205.67 - 283.48 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.
When comparing the yearly performance of all stocks, we notice that COIN is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, COIN also shows a nice and consistent pattern of rising prices.
COIN is one of the better performing stocks in the Capital Markets industry, it outperforms 100% of 209 stocks in the same industry.
COIN 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 COIN is performing more or less in line with the market.
COIN has an average volume of 13906600 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.
Weekly and Daily overview Charts
COIN Weekly chart
COIN Daily chart
Setup Rating and Analysis

3

Although COIN has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

150.50

260.01

We found 2 important support areas.

  • A support zone ranging from 211.30 to 213.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @152.02 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @257.44 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.99
Mansfield6.86
10 Day High264.3
10 Day Low205.67
20 Day High283.48
20 Day Low205.67
52 Week High283.48
52 Week Low46.43
Performance
1 Week-14.83%
2 Weeks-15.02%
1 Month-7.1%
3 Month71.37%
6 Month186.34%
12 Month262.09%
2 Year89.67%
3 Year-28.17%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-7.1
RSI(14)41.61
LBB214.27
UBB274.42
COIN Daily chart

COINBASE GLOBAL INC -CLASS A

NASDAQ:COIN (4/17/2024, 7:00:00 PM)

Premarket: 217.62 +3.84 (+1.8%)

213.78

-5.05 (-2.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.31%
1 Week-14.83%
2 Weeks-15.02%
1 Month-7.1%
3 Month71.37%
6 Month186.34%
12 Month262.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)17.31
ATR(20)%8.6%
ATR Inc
Range Today18.97
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High264.3
10 Day Low205.67
20 Day High283.48
20 Day Low205.67
52 Week High283.48
52 Week Low46.43
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.44M
Volume Incr-4.91%
Vol(5)10.97M
Vol(50)13.91M