TRAEGER INC (COOK) Stock Technical Analysis
NYSE:COOK - US89269P1030 - Common Stock
1.26 USD
0 (0%)
1.26 USD
0 (0%)
Overall COOK gets a technical rating of 0 out of 10. COOK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than COOK.
COOK is one of the lesser performing stocks in the Household Durables industry. 90% of 63 stocks in the same industry do better.
COOK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month COOK has a been trading in the 1.24 - 1.80 range, which is quite wide. It is currently trading near the lows of this range.
COOK 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
1.25
2.05
When analyzing the resistance we notice 4 important areas.
- Resistance @1.27 from a trend line in the daily time frame.
- Resistance @1.62 from a trend line in the weekly time frame.
- Resistance @1.80 from a trend line in the daily time frame.
- Resistance @2.03 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 COOK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COOK is down. |
| ChartMill Relative Strength | 5.08 | NEGATIVE | COOK has a low relative strength, it was outperformed by 94.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COOK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COOK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COOK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.56 | NEUTRAL | The RSI value for COOK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests COOK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.04 | OVERSOLD | The low Stochastics value suggests COOK may be oversold. |
| Average True Range in percent/ATR (20) | 6.99 | HIGH VOLATILITY | The high ATR as a percentage value for COOK suggests high volalility. |
| Average Directional Index/ADX (14) | 36.09 | POSITIVE | The high ADX value value for COOK suggests a strong 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)
1.26
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0%
1 Week-4.55%
2 Weeks-8.7%
1 Month-30%
3 Month-8.7%
6 Month-45.69%
12 Month-64.9%
2 Year-71.81%
3 Year-52.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.99%
ATR Inc-35.9%
Range Today0.03
ADR(20)0.08
ADR(20)%6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.08
Mansfield-4.91
10 Day High1.4
10 Day Low1.24
20 Day High1.8
20 Day Low1.24
52 Week High3.97
52 Week Low1.24
CS1 EndN/A
CR1 Start1.27
Volume & EV
DER(3)-7.27%
DER(5)-1.12%
Volume290.56K
Volume Incr7.61%
Vol(5)328.80K
Vol(50)307.81K