Overall COIN gets a technical rating of 0 out of 10. COIN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 88% of all other stocks performed better in the past year than COIN.
- COIN is part of the Capital Markets industry. There are 235 other stocks in this industry, of which 82% are performing better than COIN.
- COIN has an average volume of 9026990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
- In the last month COIN has a been trading in the 225.47 - 263.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
COIN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
176.80
When analyzing the support we can see 3 important areas.
- Support @236.52 from a horizontal line in the weekly time frame.
- Support @230.60 from a trend line in the daily time frame.
- Support @178.59 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @255.87 from a horizontal line in the daily time frame.
- Resistance @325.80 from a trend line in the weekly time frame.
- Resistance @347.92 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 | DOWN | NEGATIVE | The long term trend for COIN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COIN is neutral. |
| ChartMill Relative Strength | 12.65 | NEGATIVE | COIN has a low relative strength, it was outperformed by 87.35% 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) | DOWN | NEGATIVE | The current price of COIN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of COIN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.42 | NEUTRAL | The RSI value for COIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.91 | POSITIVE | The MACD value suggests COIN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.09 | NEUTRAL | The Stochastics value for COIN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for COIN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.1 | NEGATIVE | The low ADX value for COIN suggests a weak or negative trend. |
241.15
+1.87 (+0.78%)
COINBASE GLOBAL INC -CLASS A / COIN FAQ
What is the ChartMill technical rating of COINBASE GLOBAL INC -CLASS A (COIN) stock?
ChartMill assigns a technical rating of 0 / 10 to COIN.
What is the current trend direction of COINBASE GLOBAL INC -CLASS A (COIN) stock?
The current trend direction for COINBASE GLOBAL INC -CLASS A (COIN) is Bearish.
What is the RSI signal for COINBASE GLOBAL INC -CLASS A (COIN) stock?
COINBASE GLOBAL INC -CLASS A (COIN) has an RSI value of 44.42. This indicates that the stock is currently neutral.
What is the MACD signal for COINBASE GLOBAL INC -CLASS A (COIN) stock?
The MACD indicator for COINBASE GLOBAL INC -CLASS A (COIN) has a value of 1.91188, indicating a bullish trend.
What is the support and resistance level for COIN stock?
COINBASE GLOBAL INC -CLASS A (COIN) has a support level at 236.52 and a resistance level at 255.87. Check the full technical report for our detailed analysis of COIN support and resistance levels.