COSTCO WHOLESALE CORP (COST)

US22160K1051 - Common Stock

715.97  -2.31 (-0.32%)

After market: 717.81 +1.84 (+0.26%)

Technical Rating and Analysis

8

Overall COST gets a technical rating of 8 out of 10. In the last year, COST was one of the better performers, but we do observe some doubts in the very recent evolution.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that COST is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by COST over the past year are nicely spread over this period.
COST is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 85% of 41 stocks in the same industry.
COST 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 COST is performing more or less in line with the market.
In the last month COST has a been trading in the 697.27 - 752.31 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.
COST has an average volume of 2110770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
COST Weekly chart
COST Daily chart
Setup Rating and Analysis

4

COST has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

557.62

756.94

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 704.87 to 714.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @597.49 from a trend line in the weekly time frame.
  • Support @563.25 from a trend line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 716.87 to 730.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @749.45 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.01
Mansfield0.83
10 Day High741
10 Day Low697.27
20 Day High752.31
20 Day Low697.27
52 Week High787.08
52 Week Low476.75
Performance
1 Week-0.36%
2 Weeks0.66%
1 Month-2.13%
3 Month3.02%
6 Month29.49%
12 Month41.4%
2 Year34.65%
3 Year92.42%
5 Year191.6%
10 Year518.92%
15 Year1373.19%
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)44.87
LBB700.74
UBB738.18
COST Daily chart

COSTCO WHOLESALE CORP

NASDAQ:COST (4/16/2024, 8:52:58 PM)

After market: 717.81 +1.84 (+0.26%)

715.97

-2.31 (-0.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.32%
1 Week-0.36%
2 Weeks0.66%
1 Month-2.13%
3 Month3.02%
6 Month29.49%
12 Month41.4%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)11.64
ATR(20)%1.51%
ATR Inc
Range Today10.37
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High741
10 Day Low697.27
20 Day High752.31
20 Day Low697.27
52 Week High787.08
52 Week Low476.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.41M
Volume Incr-11.67%
Vol(5)1.73M
Vol(50)2.11M