COOPER COS INC/THE (COO) Stock Technical Analysis
USA - NASDAQ:COO - US2166485019 - Common Stock
Taking everything into account, COO scores 2 out of 10 in our technical rating. COO'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.
COO has a poor technical rating and the quality of the setup is also not perfect 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
63.68
3 important support areas can be observed.
- A support zone ranging from 68.76 to 69.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @66.68 from a horizontal line in the weekly time frame.
- Support @64.32 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 70.11 to 71.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 73.66 to 75.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @76.70 from a horizontal 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 COO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COO is down. |
| ChartMill Relative Strength | 16.84 | NEGATIVE | COO has a low relative strength, it was outperformed by 83.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of COO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.58 | NEUTRAL | The RSI value for COO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests COO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.38 | NEUTRAL | The Stochastics value for COO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for COO suggests some volalility. |
| Average Directional Index/ADX (14) | 19.08 | NEGATIVE | The low ADX value for COO suggests a weak or negative trend. |
70.1
+1.1 (+1.59%)
COOPER COS INC/THE / COO FAQ
What is the ChartMill technical rating of COOPER COS INC/THE (COO) stock?
ChartMill assigns a technical rating of 2 / 10 to COO.
What is the current trend direction of COOPER COS INC/THE (COO) stock?
The current trend direction for COOPER COS INC/THE (COO) is Bearish.
What is the RSI signal for COO stock?
COOPER COS INC/THE (COO) has an RSI value of 48.5838. This indicates that the stock is currently neutral.
What is the MACD signal for COO stock?
The MACD indicator for COOPER COS INC/THE (COO) has a value of -0.424933, indicating a bearish trend.
What is the buy/sell signal for COO stock?
The buy/sell signal for COOPER COS INC/THE (COO) is sell as both the short term and long term trends are negative.