COINBASE GLOBAL INC -CLASS A (COIN) Stock Technical Analysis
NASDAQ:COIN - Nasdaq - US19260Q1076 - Common Stock - Currency: USD
Overall COIN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, COIN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
COIN is part of the Capital Markets industry. There are 235 other stocks in this industry. COIN outperforms 96% of them.
A new 52 week high is currently being made by COIN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month COIN has a been trading in the 294.56 - 444.64 range, which is quite wide. It is currently trading near the high of this range.
COIN has an average volume of 15784900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that COIN is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although COIN has an excellent technical rating, it 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
285.94
423.98
When analyzing the support we notice one important area.
- Support @288.83 from a trend line in the daily 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 | UP | POSITIVE | The short term trend for COIN is up. |
| ChartMill Relative Strength | 96.49 | POSITIVE | COIN has a high relative strength, it outperformed 96.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COIN is above the rising 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) | 77.11 | OVERBOUGHT | The high RSI value suggests COIN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.26 | POSITIVE | The MACD value suggests COIN has a positive trend. |
| Stochastics (14,3) | 86.83 | OVERBOUGHT | The high Stochastics value suggests COIN may be overbought. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for COIN suggests high volalility. |
| Average Directional Index/ADX (14) | 42.98 | 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)
419.78
+9.03 (+2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg2.2%
1 Week8.45%
2 Weeks17.98%
1 Month42.16%
3 Month139.83%
6 Month42.07%
12 Month62.84%
2 Year325.7%
3 Year566.74%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)19.42
ATR(20)%5.12%
ATR Inc56.28%
Range Today38.14
ADR(20)20.6
ADR(20)%4.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.49
Mansfield6.06
10 Day High444.65
10 Day Low348
20 Day High444.65
20 Day Low294.56
52 Week High444.65
52 Week Low142.58
CS1 End288.83
CR1 StartN/A
Volume & EV
DER(3)2.07%
DER(5)1.19%
Volume28.06M
Volume Incr2.25%
Vol(5)17.73M
Vol(50)15.78M