COSMOS HEALTH INC (COSM) Stock Technical Analysis
NASDAQ:COSM - Nasdaq - US2214133058 - Common Stock - Currency: USD
Taking everything into account, COSM scores 1 out of 10 in our technical rating. COSM'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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than COSM.
COSM is one of the lesser performing stocks in the Health Care Providers & Services industry. 70% of 103 stocks in the same industry do better.
COSM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so COSM is lagging the market.
In the last month COSM has a been trading in the 0.40 - 0.55 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, COSM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for COSM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.43
0.72
When analyzing the support we notice one important area.
- Support @0.43 from a horizontal line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.48 from a trend line in the daily time frame.
- Resistance @0.49 from a horizontal line in the daily time frame.
- Resistance @0.55 from a trend line in the weekly time frame.
- Resistance @0.62 from a trend line in the daily time frame.
- Resistance @0.71 from a trend line in the weekly 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 COSM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COSM is neutral. |
| ChartMill Relative Strength | 13.34 | NEGATIVE | COSM has a low relative strength, it was outperformed by 86.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COSM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of COSM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COSM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.91 | NEUTRAL | The RSI value for COSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests COSM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.76 | NEUTRAL | The Stochastics value for COSM is a neutral value. |
| Average True Range in percent/ATR (20) | 11.55 | HIGH VOLATILITY | The high ATR as a percentage value for COSM suggests high volalility. |
| Average Directional Index/ADX (14) | 22.2 | NEUTRAL | The ADX value for COSM 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)
0.444
+0 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.45%
1 Week0.27%
2 Weeks-0.45%
1 Month-4.21%
3 Month-18.93%
6 Month-44.43%
12 Month-35.62%
2 Year-87.02%
3 Year-98.34%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%11.55%
ATR Inc-10.28%
Range Today0.04
ADR(20)0.05
ADR(20)%11.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.34
Mansfield-4.24
10 Day High0.5
10 Day Low0.41
20 Day High0.55
20 Day Low0.4
52 Week High1.58
52 Week Low0.28
CS1 End0.43
CR1 Start0.45
Volume & EV
DER(3)10.91%
DER(5)6.94%
Volume224.20K
Volume Incr-58.41%
Vol(5)328.68K
Vol(50)492.55K