COOPER COS INC/THE (COO) Stock Technical Analysis
USA - NASDAQ:COO - US2166485019 - Common Stock
69.02 USD
-1.09 (-1.55%)
69.02 USD
0 (0%)
Overall COO gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. COO was also a bad performer in the overall market in the last year.
90% of all other stocks performed better in the past year than COO.
COO is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry, of which 62% are performing better than COO.
COO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month COO has a been trading in the 64.19 - 71.02 range, which is quite wide. It is currently trading near the high of this range.
COO has an average volume of 2669610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is bad, COO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 69.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 68.58, a Stop Loss order could be placed below this zone.
More info and screens
63.68
77.47
When analyzing the support we can see 2 important areas.
- A support zone ranging from 66.68 to 68.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.32 to 64.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 69.67 to 70.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 74.59 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 | UP | POSITIVE | The short term trend for COO is up. |
| ChartMill Relative Strength | 10.69 | NEGATIVE | COO has a low relative strength, it was outperformed by 89.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COO is below a declining 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) | 51.31 | NEUTRAL | The RSI value for COO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests COO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.04 | OVERBOUGHT | The high Stochastics value suggests COO may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for COO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.56 | NEGATIVE | The low ADX value for COO suggests a weak or negative trend. |
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)
69.02
-1.09 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.55%
1 Week0.67%
2 Weeks2.25%
1 Month1.13%
3 Month-7.69%
6 Month-10.9%
12 Month-35.34%
2 Year-11.44%
3 Year0.98%
5 Year-13.47%
10 Year81.2%
15 Year459.55%
Volatility
ATR(14)1.75
ATR(20)%2.45%
ATR Inc-29.99%
Range Today1.57
ADR(20)1.61
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.69
Mansfield-2.59
10 Day High71.02
10 Day Low66.56
20 Day High71.02
20 Day Low64.19
52 Week High109.37
52 Week Low61.78
CS1 End68.58
CR1 Start69.67
Volume & EV
DER(3)-1.27%
DER(5)0.75%
Volume1.88M
Volume Incr-10.55%
Vol(5)2.55M
Vol(50)2.67M