COTT CORP QUE (COT) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:COT
We assign a technical rating of 5 out of 10 to COT. In the last year, COT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month COT has a been trading in the 13.81 - 16.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- COT has an average volume of 1720490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Looking at the yearly performance, COT did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- COT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so COT is lagging the market.
COT has an average technical rating and it also does not offer a high quality setup 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
12.72
3 important support areas can be observed.
- A support zone ranging from 14.24 to 14.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.86 to 13.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @12.85 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.89 to 15.89. 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 | NEUTRAL | NEUTRAL | The long term trend for COT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COT is down. |
| ChartMill Relative Strength | 89.93 | POSITIVE | COT has a high relative strength, it outperformed 89.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of COT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.41 | NEUTRAL | The RSI value for COT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests COT has a negative trend. |
| Stochastics (14,3) | 26.95 | NEUTRAL | The Stochastics value for COT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for COT suggests some volalility. |
14.62
+0.37 (+2.6%)
COTT CORP QUE / COT FAQ
What is the ChartMill technical rating of COTT CORP QUE (COT) stock?
ChartMill assigns a technical rating of 4 / 10 to COT.
Can you provide the trend direction for COTT CORP QUE?
The current trend direction for COTT CORP QUE (COT) is Bearish.
What is the RSI signal for COT stock?
COTT CORP QUE (COT) has an RSI value of 41.408. This indicates that the stock is currently neutral.
What is the MACD signal for COT stock?
The MACD indicator for COTT CORP QUE (COT) has a value of -0.201404, indicating a bearish trend.
What is the support and resistance level for COT stock?
COTT CORP QUE (COT) has a support level at 14.24 and a resistance level at 15.89. Check the full technical report for our detailed analysis of COT support and resistance levels.