COINBASE GLOBAL INC -CLASS A (COIN)

US19260Q1076 - Common Stock

236.32  +12.71 (+5.68%)

After market: 235.8 -0.52 (-0.22%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to COIN. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, COIN did better than 99% of all other stocks. We also observe that the gains produced by COIN over the past year are nicely spread over this period.
COIN is part of the Capital Markets industry. There are 210 other stocks in this industry. COIN outperforms 100% of them.
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 13318300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month COIN has a been trading in the 205.67 - 268.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
COIN Weekly chart
COIN Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, COIN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

155.31

267.78

We found 3 important support areas.

  • A support zone ranging from 220.02 to 223.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 211.00 to 211.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @156.88 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @247.70 from a trend line in the daily time frame.
  • A resistance zone ranging from 263.02 to 265.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS99.27
Mansfield7.9
10 Day High249.74
10 Day Low205.67
20 Day High268.81
20 Day Low205.67
52 Week High283.48
52 Week Low46.43
Performance
1 Week11.99%
2 Weeks-3.84%
1 Month-10.86%
3 Month88.75%
6 Month233.88%
12 Month339.34%
2 Year109.67%
3 Year-20.6%
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)-1.92
RSI(14)51.54
LBB201.58
UBB260.48
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
247.71220.0127.70 (11.18%)8.94%
An entry @247.71. This is a Buy Stop order right above the resistance zone.An exit @220.01. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 27.70 points, which is 11.18%.For a 1.00% total portfolio risk, you can invest 8.94% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
COIN Daily chart

COINBASE GLOBAL INC -CLASS A

NASDAQ:COIN (4/26/2024, 4:00:03 PM)

After market: 235.8 -0.52 (-0.22%)

236.32

+12.71 (+5.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg5.68%
1 Week11.99%
2 Weeks-3.84%
1 Month-10.86%
3 Month88.75%
6 Month233.88%
12 Month339.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)17.31
ATR(20)%7.14%
ATR Inc
Range Today18.36
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 High249.74
10 Day Low205.67
20 Day High268.81
20 Day Low205.67
52 Week High283.48
52 Week Low46.43
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.01M
Volume Incr-32.57%
Vol(5)6.69M
Vol(50)13.32M