COOPER COS INC/THE (COO) Stock Technical Analysis
NASDAQ:COO - US2166485019 - Common Stock
74.105 USD
+0.45 (+0.6%)
65.23 USD
-8.87 (-11.98%)
We assign a technical rating of 3 out of 10 to COO. 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.
When comparing the yearly performance of all stocks, COO is a bad performer in the overall market: 85% of all stocks are doing better.
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 68.09 - 75.54 range, which is quite wide. It is currently trading near the high of this range.
COO has an average volume of 2431690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
COO is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry, COO did better than 46% of them.
COO 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 74.59. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for COO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
66.24
77.54
We found 2 important support areas.
- A support zone ranging from 68.28 to 68.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 66.91 to 66.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- 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.
- A resistance zone ranging from 76.70 to 76.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 15.6 | NEGATIVE | COO has a low relative strength, it was outperformed by 84.4% 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) | 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) | 54.84 | NEUTRAL | The RSI value for COO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests COO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.1 | NEUTRAL | The Stochastics value for COO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for COO suggests some volalility. |
| Average Directional Index/ADX (14) | 11.86 | 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)
74.105
+0.45 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.6%
1 Week0.82%
2 Weeks-0.22%
1 Month2.52%
3 Month8.53%
6 Month-18.01%
12 Month-29.91%
2 Year-19.88%
3 Year3.12%
5 Year-5.71%
10 Year82.5%
15 Year634.8%
Volatility
ATR(14)1.69
ATR(20)%2.27%
ATR Inc-43.93%
Range Today1.16
ADR(20)1.58
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.6
Mansfield-2.34
10 Day High75.54
10 Day Low70.64
20 Day High75.54
20 Day Low68.09
52 Week High112.38
52 Week Low65
CS1 End68.76
CR1 Start74.59
Volume & EV
DER(3)3.49%
DER(5)2.05%
Volume4.10M
Volume Incr71.32%
Vol(5)2.75M
Vol(50)2.43M