COTY INC-CL A (COTY) Technical Analysis
NYSE:COTY • US2220702037
Current stock price
COTY Technical Rating and Analysis
Overall COTY gets a technical rating of 2 out of 10. In the past year, COTY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, COTY is a bad performer in the overall market: 93% of all stocks are doing better.
- COTY is part of the Personal Care Products industry. There are 37 other stocks in this industry, of which 66% are performing better than COTY.
- COTY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month COTY has a been trading in the 1.95 - 2.38 range, which is quite wide. It is currently trading near the high of this range.
- COTY has an average volume of 8967640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
2.28
When analyzing the support we notice one important area.
- Support @2.30 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.32 to 2.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.42 from a trend line in the weekly time frame.
- Resistance @2.76 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 | UP | POSITIVE | The short term trend for COTY is up. |
| ChartMill Relative Strength | 7.4 | NEGATIVE | COTY has a low relative strength, it was outperformed by 92.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COTY is above the rising 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) | 58.38 | NEUTRAL | The RSI value for COTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests COTY has a positive trend. |
| Stochastics (14,3) | 87.76 | OVERBOUGHT | The high Stochastics value suggests COTY may be overbought. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for COTY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.47 | 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
2.31
+0.01 (+0.43%)
COTY INC-CL A / COTY TA FAQ
What is the technical rating for COTY stock?
ChartMill assigns a technical rating of 2 / 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 INC-CL A (COTY) stock?
COTY INC-CL A (COTY) has an RSI value of 58.3816. This indicates that the stock is currently neutral.
What is the short term momentum for COTY stock?
The short term momentum for COTY INC-CL A (COTY) is positive.
Can you provide the support and resistance levels for COTY INC-CL A?
COTY INC-CL A (COTY) has a support level at 2.3 and a resistance level at 2.32. Check the full technical report for our detailed analysis of COTY support and resistance levels.