MR COOPER GROUP INC (COOP) Stock Technical Analysis
NASDAQ:COOP - Nasdaq - US62482R1077 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to COOP. Both in the recent history as in the last year, COOP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that COOP is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, COOP also shows a nice and consistent pattern of rising prices.
COOP is part of the Financial Services industry. There are 101 other stocks in this industry. COOP outperforms 95% of them.
COOP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so COOP is performing more or less in line with the market.
COOP has an average volume of 1152420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month COOP has a been trading in the 114.26 - 138.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although COOP has an excellent technical rating, the quality of the presented setup is not ideal 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
88.98
135.56
We found 4 important support areas.
- Support @119.15 from a trend line in the daily time frame.
- A support zone ranging from 112.85 to 116.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @101.39 from a trend line in the weekly time frame.
- Support @89.88 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 134.21 to 134.22. 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 | UP | POSITIVE | The long term trend for COOP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COOP is up. |
| ChartMill Relative Strength | 93.72 | POSITIVE | COOP has a high relative strength, it outperformed 93.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COOP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COOP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COOP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.67 | NEUTRAL | The RSI value for COOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests COOP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.95 | NEUTRAL | The Stochastics value for COOP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for COOP suggests some volalility. |
| Average Directional Index/ADX (14) | 20.19 | NEUTRAL | The ADX value for COOP suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 134.23 | 119.14 | 15.09 (11.24%) | 8.90% |
| An entry @134.23. This is a Buy Stop order right above the resistance zone. | An exit @119.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 15.09 points, which is 11.24%. | When investing 8.90% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
127.5
+2 (+1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.59%
1 Week-1.7%
2 Weeks7.15%
1 Month9.51%
3 Month15.37%
6 Month28.24%
12 Month54.51%
2 Year175.62%
3 Year194.05%
5 Year1043.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.86
ATR(20)%4.25%
ATR Inc8.67%
Range Today4.93
ADR(20)5.14
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.72
Mansfield2.62
10 Day High138.35
10 Day Low114.26
20 Day High138.35
20 Day Low114.26
52 Week High138.35
52 Week Low78.2
CS1 End119.15
CR1 Start134.21
Volume & EV
DER(3)3.94%
DER(5)2.34%
Volume804.60K
Volume Incr26.36%
Vol(5)1.01M
Vol(50)1.15M