COLOPLAST-B (COLOB.CO) Stock Technical Analysis
CPH:COLOB - Nasdaq Copenhagen A/S - DK0060448595 - Common Stock - Currency: DKK
We assign a technical rating of 0 out of 10 to COLOB. COLOB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
COLOB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 606.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 603.88, a Stop Loss order could be placed below this zone.
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588.84
When analyzing the support we notice one important area.
- A support zone ranging from 594.79 to 600.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 602.80 to 622.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @654.48 from a trend line in the daily time frame.
- Resistance @891.61 from a trend line in the weekly 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 COLOB.CO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COLOB.CO is down. |
| ChartMill Relative Strength | 6.93 | NEGATIVE | COLOB.CO has a low relative strength, it was outperformed by 93.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COLOB.CO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COLOB.CO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COLOB.CO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.86 | NEUTRAL | The RSI value for COLOB.CO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.33 | POSITIVE | The MACD value suggests COLOB.CO has a positive trend. |
| Stochastics (14,3) | 71.71 | NEUTRAL | The Stochastics value for COLOB.CO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for COLOB.CO suggests low volalility. |
| Average Directional Index/ADX (14) | 49.22 | POSITIVE | The high ADX value value for COLOB.CO suggests a strong trend. |
CPH:COLOB (7/21/2025, 5:00:45 PM)
602
-4.2 (-0.69%)