COTY INC-CL A (COTY) Technical Analysis
NYSE:COTY • US2220702037
Current stock price
COTY Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to COTY. COTY'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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, COTY is a bad performer in the overall market: 94% of all stocks are doing better.
- COTY is one of the lesser performing stocks in the Personal Care Products industry. 69% of 37 stocks in the same industry do better.
- COTY is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so COTY is lagging the market.
- In the last month COTY has a been trading in the 2.21 - 2.71 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.
- COTY has an average volume of 8498930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
COTY Weekly and Daily overview Charts
COTY Setup Rating and Analysis
The technical rating of COTY is bad and it also does not present a 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
COTY Support and Resistance Analysis
2.20
We can see 4 important resistance areas.
- Resistance @2.74 from a trend line in the weekly time frame.
- Resistance @2.89 from a trend line in the weekly time frame.
- Resistance @3.07 from a trend line in the daily time frame.
- Resistance @3.45 from a horizontal line in the daily time frame.
COTY Technical Indicator Signal Analysis
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 COTY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COTY is down. |
| ChartMill Relative Strength | 6.71 | NEGATIVE | COTY has a low relative strength, it was outperformed by 93.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COTY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COTY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.99 | OVERSOLD | The low RSI value suggests COTY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests COTY has a negative trend. |
| Stochastics (14,3) | 7.76 | OVERSOLD | The low Stochastics value suggests COTY may be oversold. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for COTY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.84 | POSITIVE | The high ADX value value for COTY suggests a strong trend. |
COTY Chart- and CandleStick Pattern Analysis
COTY Technicals: Chart, Performance Metrics, Trend & Indicators
2.22
0 (0%)
COTY INC-CL A / COTY TA FAQ
What is the technical rating for COTY stock?
ChartMill assigns a technical rating of 0 / 10 to COTY.
Can you provide the trend direction for COTY INC-CL A?
The current trend direction for COTY INC-CL A (COTY) is Bearish.
What is the RSI signal for COTY stock?
COTY INC-CL A (COTY) has an RSI value of 26.9939. This indicates that the stock is currently oversold.
What is the short term momentum for COTY stock?
The short term momentum for COTY INC-CL A (COTY) is negative.
What is the buy/sell signal for COTY stock?
The buy/sell signal for COTY INC-CL A (COTY) is sell as both the short term and long term trends are negative.