COASTAL SOUTH BANCSHARES INC (COSO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:COSO - US19058X2071 - Common Stock
Taking everything into account, COSO scores 3 out of 10 in our technical rating. COSO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
COSO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.54, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for COSO 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.
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20.88
We found 1 important support area.
- A support zone ranging from 21.09 to 21.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.87 to 23.87. 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 COSO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COSO is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | COSO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COSO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COSO is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 57.4 | NEUTRAL | The RSI value for COSO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests COSO has a positive trend. |
| Stochastics (14,3) | 26.16 | NEUTRAL | The Stochastics value for COSO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for COSO suggests some volalility. |
| Average Directional Index/ADX (14) | 39.29 | POSITIVE | The high ADX value value for COSO suggests a strong trend. |
21.72
+0.63 (+2.99%)
COASTAL SOUTH BANCSHARES INC / COSO FAQ
What is the technical rating for COSO stock?
ChartMill assigns a technical rating of 3 / 10 to COSO.
What is the current trend direction of COASTAL SOUTH BANCSHARES INC (COSO) stock?
The current trend direction for COASTAL SOUTH BANCSHARES INC (COSO) is Bullish.
Can you provide the RSI signal for COASTAL SOUTH BANCSHARES INC?
COASTAL SOUTH BANCSHARES INC (COSO) has an RSI value of 57.3953. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for COASTAL SOUTH BANCSHARES INC?
COASTAL SOUTH BANCSHARES INC (COSO) has a support level at 21.54 and a resistance level at 23.87. Check the full technical report for our detailed analysis of COSO support and resistance levels.