COOPER COS INC/THE (COO) Technical Analysis
NASDAQ:COO • US2166485019
Current stock price
COO Technical Rating and Analysis
Overall COO gets a technical rating of 0 out of 10. 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.
- When comparing the yearly performance of all stocks, COO is a bad performer in the overall market: 80% of all stocks are doing better.
- In the last month COO has a been trading in the 69.83 - 84.61 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- COO has an average volume of 2123180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- COO is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry, COO did better than 54% of them.
- COO 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 COO is lagging the market slightly.
COO Weekly and Daily overview Charts
COO Setup Rating and Analysis
The technical rating of COO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
COO Support and Resistance Analysis
66.01
We found 2 important support areas.
- Support @68.76 from a horizontal line in the daily time frame.
- Support @66.68 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @74.59 from a horizontal line in the daily time frame.
- A resistance zone ranging from 79.10 to 81.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 82.92 to 83.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
COO Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for COO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COO is down. |
| ChartMill Relative Strength | 20.52 | NEGATIVE | COO has a low relative strength, it was outperformed by 79.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COO is below a declining 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) | 19.01 | OVERSOLD | The low RSI value suggests COO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.42 | NEGATIVE | The MACD value suggests COO has a negative trend. |
| Stochastics (14,3) | 6.11 | OVERSOLD | The low Stochastics value suggests COO may be oversold. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for COO suggests some volalility. |
| Average Directional Index/ADX (14) | 32 | POSITIVE | The high ADX value value for COO suggests a strong trend. |
COO Chart- and CandleStick Pattern Analysis
COO Technicals: Chart, Performance Metrics, Trend & Indicators
69.92
-1.6 (-2.24%)
COOPER COS INC/THE / COO TA FAQ
What is the ChartMill technical rating of COOPER COS INC/THE (COO) stock?
ChartMill assigns a technical rating of 0 / 10 to COO.
What is the trend direction for 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 19.0131. This indicates that the stock is currently oversold.
Can you provide the MACD signal for COOPER COS INC/THE?
The MACD indicator for COOPER COS INC/THE (COO) has a value of -1.41556, indicating a bearish trend.
What are the support and resistance levels for COOPER COS INC/THE (COO) stock?
COOPER COS INC/THE (COO) has a support level at 68.76 and a resistance level at 74.59. Check the full technical report for our detailed analysis of COO support and resistance levels.