TRAEGER INC (COOK) Stock Technical Analysis
USA - NYSE:COOK - US89269P1030 - Common Stock
We assign a technical rating of 0 out of 10 to COOK. COOK'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.
The technical rating of COOK is bad and it also does not present a quality setup 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
0.90
We can see 5 important resistance areas.
- A resistance zone ranging from 0.97 to 0.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.02 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @1.23 from a trend line in the weekly time frame.
- Resistance @1.68 from a trend 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 | 3.25 | NEGATIVE | COOK has a low relative strength, it was outperformed by 96.75% 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) | 41.8 | 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) | 20.24 | NEUTRAL | The Stochastics value for COOK is a neutral value. |
| Average True Range in percent/ATR (20) | 7.77 | HIGH VOLATILITY | The high ATR as a percentage value for COOK suggests high volalility. |
| Average Directional Index/ADX (14) | 25.31 | POSITIVE | The high ADX value value for COOK suggests a strong trend. |
0.9092
+0.1 (+12.23%)
TRAEGER INC / COOK FAQ
Can you provide the ChartMill technical rating for TRAEGER INC?
ChartMill assigns a technical rating of 0 / 10 to COOK.
What is the current trend direction of TRAEGER INC (COOK) stock?
The current trend direction for TRAEGER INC (COOK) is Bearish.
What is the RSI signal for COOK stock?
TRAEGER INC (COOK) has an RSI value of 41.804. This indicates that the stock is currently neutral.
What is the MACD signal for COOK stock?
The MACD indicator for TRAEGER INC (COOK) has a value of -0.00154951, indicating a bearish trend.
What is the support and resistance level for COOK stock?
TRAEGER INC (COOK) has a resistance level at 0.97. Check the full technical report for our detailed analysis of COOK support and resistance levels.