COINBASE GLOBAL INC -CLASS A (COIN) Stock Technical Analysis
NASDAQ:COIN - Nasdaq - US19260Q1076 - Common Stock - Currency: USD
Taking everything into account, COIN scores 7 out of 10 in our technical rating. Although COIN has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
COIN is one of the better performing stocks in the Capital Markets industry, it outperforms 80% of 230 stocks in the same industry.
In the last month COIN has a been trading in the 178.40 - 270.45 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
COIN has an average volume of 11246900 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 82% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
COIN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so COIN is lagging the market slightly.
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 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.
More info and screens
145.88
269.13
When analyzing the support we can see 4 important areas.
- A support zone ranging from 214.60 to 216.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @168.93 from a trend line in the weekly time frame.
- Support @163.63 from a trend line in the weekly time frame.
- Support @147.35 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 265.07 to 266.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.07
Mansfield1.06
10 Day High270.45
10 Day Low193.34
20 Day High270.45
20 Day Low178.4
52 Week High349.75
52 Week Low142.58
Performance
1 Week27.4%
2 Weeks32.39%
1 Month50.85%
3 Month12.15%
6 Month-13.34%
12 Month11.08%
2 Year324.42%
3 Year238.02%
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)6.98
RSI(14)69.14
LBB166.04
UBB278.28
263.99
-2.47 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.93%
1 Week27.4%
2 Weeks32.39%
1 Month50.85%
3 Month12.15%
6 Month-13.34%
12 Month11.08%
2 Year324.42%
3 Year238.02%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)14.99
ATR(20)%5.2%
ATR Inc23.33%
Range Today7.9
ADR(20)10.83
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.07
Mansfield1.06
10 Day High270.45
10 Day Low193.34
20 Day High270.45
20 Day Low178.4
52 Week High349.75
52 Week Low142.58
CS1 End216
CR1 Start265.07
Volume & EV
DER(3)-0.09%
DER(5)1.09%
Volume12.44M
Volume Incr337.07%
Vol(5)33.69M
Vol(50)11.25M