MR COOPER GROUP INC (COOP) Stock Technical Analysis
USA - NASDAQ:COOP - US62482R1077 - Common Stock
Overall COOP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, COOP is showing a nice and steady performance.
Besides having an excellent technical rating, COOP also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 210.78, a Stop Loss order could be placed below this zone.
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106.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 205.23 to 210.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @112.80 from a trend line in the weekly time frame.
- Support @107.47 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 211.97 to 214.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 220.36 to 220.91. 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 | NEUTRAL | NEUTRAL | The short term trend for COOP is neutral. |
| ChartMill Relative Strength | 95.44 | POSITIVE | COOP has a high relative strength, it outperformed 95.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of COOP is below 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) | 54.12 | NEUTRAL | The RSI value for COOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.92 | NEGATIVE | The MACD value suggests COOP has a negative trend. |
| Stochastics (14,3) | 30.66 | NEUTRAL | The Stochastics value for COOP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for COOP suggests high volalility. |
| Average Directional Index/ADX (14) | 32.63 | POSITIVE | The high ADX value value for COOP suggests a strong trend. |
210.79
-6 (-2.77%)
MR COOPER GROUP INC / COOP FAQ
Can you provide the ChartMill technical rating for MR COOPER GROUP INC?
ChartMill assigns a technical rating of 10 / 10 to COOP.
Can you provide the trend direction for MR COOPER GROUP INC?
The current trend direction for MR COOPER GROUP INC (COOP) is Bullish.
Can you provide the RSI signal for MR COOPER GROUP INC?
MR COOPER GROUP INC (COOP) has an RSI value of 54.1192. This indicates that the stock is currently neutral.
What is the MACD signal for MR COOPER GROUP INC (COOP) stock?
The MACD indicator for MR COOPER GROUP INC (COOP) has a value of -1.92127, indicating a bearish trend.
Can you provide the support and resistance levels for MR COOPER GROUP INC?
MR COOPER GROUP INC (COOP) has a support level at 210.78 and a resistance level at 211.97. Check the full technical report for our detailed analysis of COOP support and resistance levels.